£204,089
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Jun 2023. 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 |
|---|---|
| £200,000 | 16 Jun 2023 |
| £84,950 | 19 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 June 2023 the House Price Index for SURREY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £200,000 results in an estimated price of approximately £204,089.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £200,000 | £4,089 | £204,089 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | -7.167 % | £-14,334 | £185,665 |
| 3 Month Average | -7.973 % | £-15,946 | £184,053 |
| 6 Month Average | 5.254 % | £10,508 | £210,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £204,090 | £200,000 | FLAT 10 LADBROKE COURT, 122 LADBROKE ROAD |
| 24 May 2022 | £197,649 | £192,500 | 2 ABBOTS RISE |
| 25 Mar 2022 | £328,839 | £315,000 | 7 ABBOTS RISE |
| 4 Mar 2022 | £260,983 | £250,000 | 40 ABBOTS RISE |
| 14 Jul 2021 | £243,132 | £210,000 | FLAT 16 LADBROKE COURT, 122 LADBROKE ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 4 Feb 2014. Using an estimated price of £204,090 means this house is valued at £5,233 per sq meter (£486 per sq foot).
The average size of a house on LADBROKE ROAD is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Wiggie Lane |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbots Rise |