£1,438,552
This estimated value is based upon the latest sale price for the house of £1,425,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £1,425,000 | 31 Mar 2023 |
| £1,230,000 | 8 Sep 2016 |
| £595,000 | 28 Nov 2013 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in March 2023 the House Price Index for SURREY was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £1,425,000 results in an estimated price of approximately £1,438,552.
| 31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £1,425,000 | £13,552 | £1,438,552 |
The Postcode Pricing Model uses changes in average sales price within the RH6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -18.383 % | £-261,958 | £1,163,041 |
| 3 Month Average | 27.568 % | £392,838 | £1,817,838 |
| 6 Month Average | -2.814 % | £-40,105 | £1,384,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £344,943 | £340,300 | 1 MEADOW WAY |
| 31 Mar 2023 | £1,438,553 | £1,425,000 | GREAT LAKE FARMHOUSE LAKE LANE |
| 29 Sep 2022 | £422,587 | £426,000 | 83 BROOKFIELD DRIVE |
| 22 Aug 2022 | £510,626 | £512,000 | 97 BROOKFIELD DRIVE |
| 8 Feb 2022 | £235,956 | £225,000 | FLAT 5 MARIGOLD COURT, 86 BROOKFIELD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodman Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Brookfield Drive |