£217,721
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Jul 2006. 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 |
|---|---|
| £125,000 | 14 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 July 2006 the House Price Index for SURREY was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £125,000 results in an estimated price of approximately £217,721.
| 14 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £125,000 | £92,721 | £217,721 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 93.830 % | £117,288 | £242,288 |
| 3 Month Average | 84.070 % | £105,087 | £230,087 |
| 6 Month Average | 87.544 % | £109,430 | £234,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £376,571 | £365,000 | 16 CLAIRVILLE COURT WRAY COMMON ROAD |
| 18 Sep 2023 | £664,652 | £650,000 | FLAT 1 VALLEY COURT, 26 WRAY COMMON ROAD |
| 14 Sep 2023 | £1,042,992 | £1,020,000 | 48 WRAY COMMON ROAD |
| 22 Nov 2022 | £452,882 | £455,000 | FLAT 14 VALLEY COURT, 26 WRAY COMMON ROAD |
| 21 Oct 2022 | £261,128 | £262,000 | 32 DOODS PLACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Sep 2019. Using an estimated price of £217,721 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on WRAY COMMON ROAD is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cedars |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cedars |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Cedars |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Walk |