£234,281
This estimated value is based upon the latest sale price for the house of £227,000 on 25 Mar 2022. 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 |
|---|---|
| £227,000 | 25 Mar 2022 |
| £175,000 | 17 May 2012 |
| £254,950 | 30 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 743 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £227,000 results in an estimated price of approximately £234,281.
| 25 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £227,000 | £7,281 | £234,281 |
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 | -6.644 % | £-15,081 | £211,918 |
| 3 Month Average | 25.028 % | £56,813 | £283,813 |
| 6 Month Average | -4.929 % | £-11,188 | £215,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £212,731 | £210,000 | FLAT 5 SAXLEY COURT, 121 - 129 VICTORIA ROAD |
| 17 Aug 2023 | £196,193 | £195,000 | FLAT 4 MITCHELL COURT, 22 MASSETTS ROAD |
| 30 Jun 2023 | £534,332 | £530,000 | 105 VICTORIA ROAD |
| 31 Jan 2023 | £753,382 | £760,000 | 24 MASSETTS ROAD |
| 25 Mar 2022 | £234,282 | £227,000 | FLAT 17 MITCHELL COURT, 22 MASSETTS ROAD |
This house has a floor area of 69 sq meters or 743 sq feet when measured on 28 Jul 2011. Using an estimated price of £234,282 means this house is valued at £3,390 per sq meter (£314 per sq foot).
The average size of a house on MASSETTS ROAD is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Robbery | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |