£329,939
This estimated value is based upon the latest sale price for the house of £265,500 on 4 Dec 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £265,500 | 4 Dec 2018 |
| £178,500 | 21 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 December 2018 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £265,500 results in an estimated price of approximately £329,939.
| 4 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £265,500 | £64,439 | £329,939 |
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 | 31.953 % | £84,834 | £350,334 |
| 3 Month Average | 20.209 % | £53,656 | £319,156 |
| 6 Month Average | 14.019 % | £37,219 | £302,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £1,077,260 | £1,052,793 | 1-2 CENTRAL PARADE LONDON ROAD |
| 25 Nov 2022 | £290,940 | £292,300 | 33 STATION ROAD |
| 8 Oct 2021 | £746,828 | £670,000 | 39 STATION ROAD |
| 8 Oct 2021 | £796,988 | £715,000 | 39 - 41 STATION ROAD |
| 11 Dec 2020 | £85,270 | £73,750 | FLAT 61 NOBEL HOUSE, 4 QUEENSWAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 28 Sep 2021. Using an estimated price of £329,940 means this house is valued at £5,408 per sq meter (£502 per sq foot).
The average size of a house on QUEENSWAY is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Queensway |
| Sep 2024 | Public order | Under investigation | On or near Queensway |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Queensway |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Queensway |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |