£221,806
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Sep 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £175,000 | 13 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 sq feet |
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 September 2017 the House Price Index for SURREY was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £175,000 results in an estimated price of approximately £221,806.
| 13 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £175,000 | £46,806 | £221,806 |
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 | 54.449 % | £95,285 | £270,285 |
| 3 Month Average | 16.916 % | £29,602 | £204,602 |
| 6 Month Average | -0.781 % | £-1,366 | £173,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £198,473 | £195,000 | FLAT 11 IMPERIAL BUILDINGS, 68 VICTORIA ROAD |
| 28 Jul 2023 | £278,752 | £275,000 | FLAT 4 10 SOVEREIGN WALK |
| 7 Oct 2022 | £6,232,890 | £6,300,000 | 11 - 13 HIGH STREET |
| 13 May 2022 | £142,689 | £140,000 | FLAT 17 IMPERIAL BUILDINGS, 68 VICTORIA ROAD |
| 17 Dec 2021 | £337,484 | £315,000 | FLAT 2 10 SOVEREIGN WALK |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 22 Oct 2016. Using an estimated price of £221,806 means this house is valued at £4,719 per sq meter (£438 per sq foot).
The average size of a house on VICTORIA ROAD is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Victoria Road |
| Mar 2024 | Other theft | Under investigation | On or near Victoria Road |
| Mar 2024 | Drugs | Under investigation | On or near Victoria Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road |
| Dec 2023 | Anti-social behaviour | On or near Victoria Road |