£239,239
This estimated value is based upon the latest sale price for the house of £44,500 on 20 Jan 1997. 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 |
|---|---|
| £44,500 | 20 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 January 1997 the House Price Index for SURREY was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £44,500 results in an estimated price of approximately £239,239.
| 20 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £44,500 | £194,739 | £239,239 |
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 | 337.761 % | £150,303 | £194,803 |
| 3 Month Average | 330.133 % | £146,908 | £191,408 |
| 6 Month Average | 351.662 % | £156,489 | £200,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £226,974 | £220,000 | 94A BRIGHTON ROAD |
| 9 Aug 2023 | £519,367 | £510,000 | 45 CHEQUERS DRIVE |
| 31 Aug 2022 | £210,987 | £210,000 | FLAT 2 LUMLEY COURT BRIGHTON ROAD |
| 23 Aug 2022 | £479,241 | £477,000 | 126 LUMLEY ROAD |
| 11 Aug 2022 | £391,832 | £390,000 | 41 CHEQUERS DRIVE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 14 Mar 2013. Using an estimated price of £239,240 means this house is valued at £5,981 per sq meter (£555 per sq foot).
The average size of a house on BRIGHTON ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Le May Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Le May Close |
| Jun 2024 | Anti-social behaviour | On or near Chequers Drive | |
| Jun 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Chequers Drive |
| Jun 2024 | Anti-social behaviour | On or near Chequers Drive |