£302,122
This estimated value is based upon the latest sale price for the house of £242,500 on 20 Oct 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 |
|---|---|
| £242,500 | 20 Oct 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 October 2017 the House Price Index for SURREY was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £242,500 results in an estimated price of approximately £302,122.
| 20 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £242,500 | £59,622 | £302,122 |
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 | 170.656 % | £413,839 | £656,339 |
| 3 Month Average | 20.811 % | £50,467 | £292,967 |
| 6 Month Average | 2.111 % | £5,119 | £247,619 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Aug 2017.
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 |