£860,914
This estimated value is based upon the latest sale price for the house of £575,000 on 28 Nov 2014. 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 |
|---|---|
| £575,000 | 28 Nov 2014 |
| £420,000 | 14 Mar 2003 |
| £243,500 | 9 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 November 2014 the House Price Index for SURREY was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £575,000 results in an estimated price of approximately £860,914.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £575,000 | £285,914 | £860,914 |
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 | 53.829 % | £309,516 | £884,516 |
| 3 Month Average | 45.306 % | £260,506 | £835,506 |
| 6 Month Average | 22.644 % | £130,205 | £705,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £431,387 | £425,000 | 22 THOMAS WATERS WAY |
| 15 Jun 2023 | £1,513,341 | £1,495,010 | 50 HAROLDSLEA DRIVE |
| 4 Apr 2022 | £527,257 | £512,000 | 87 CASTLE DRIVE |
| 2 Sep 2021 | £436,425 | £405,000 | 57 CASTLE DRIVE |
| 15 Jun 2021 | £520,368 | £485,000 | 40 HAROLDSLEA DRIVE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 16 Jun 2014. Using an estimated price of £860,914 means this house is valued at £5,483 per sq meter (£509 per sq foot).
The average size of a house on HAROLDSLEA DRIVE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Castle Drive |