£701,750
This estimated value is based upon the latest sale price for the house of £585,000 on 20 Mar 2020. 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 |
|---|---|
| £585,000 | 20 Mar 2020 |
| £465,000 | 1 Oct 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 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £585,000 results in an estimated price of approximately £701,750.
| 20 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £585,000 | £116,750 | £701,750 |
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 | 5.244 % | £30,676 | £615,676 |
| 3 Month Average | 48.973 % | £286,494 | £871,494 |
| 6 Month Average | 9.549 % | £55,860 | £640,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £182,636 | £183,500 | 23 THE WOODLANDS |
| 4 Nov 2022 | £246,011 | £250,000 | FLAT 3 THE OAKS CHAPEL ROAD |
| 22 Apr 2022 | £220,513 | £215,000 | 19 THE WOODLANDS |
| 28 Mar 2022 | £201,255 | £195,000 | 26 THE WOODLANDS |
| 21 Mar 2022 | £505,718 | £490,000 | 40 WEATHERHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Woodlands |
| Apr 2024 | Anti-social behaviour | On or near Chapel Road | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carey'S Wood |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carey'S Wood |