£291,424
This estimated value is based upon the latest sale price for the house of £285,000 on 1 Sep 2023. 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 |
|---|---|
| £285,000 | 1 Sep 2023 |
| £123,500 | 13 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 709 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 September 2023 the House Price Index for SURREY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £285,000 results in an estimated price of approximately £291,424.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £285,000 | £6,424 | £291,424 |
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 | 21.320 % | £60,761 | £345,761 |
| 3 Month Average | -8.007 % | £-22,820 | £262,179 |
| 6 Month Average | -9.889 % | £-28,184 | £256,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £387,500 | £387,500 | 11 HARLOW COURT WRAY COMMON ROAD |
| 1 Sep 2023 | £291,424 | £285,000 | FLAT 6 SHERE COURT, 129 BLACKBOROUGH ROAD |
| 27 Jan 2023 | £328,879 | £328,000 | FLAT 4 ROQUEBOURNE, 139 BLACKBOROUGH ROAD |
| 18 Aug 2022 | £763,570 | £760,000 | 93 REIGATE ROAD |
| 18 Jul 2022 | £315,663 | £312,500 | 5 HARLOW COURT WRAY COMMON ROAD |
This house has a floor area of 65 sq meters or 709 sq feet when measured on 30 Nov 2011. Using an estimated price of £291,424 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on BLACKBOROUGH ROAD is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Crescent |
| Aug 2024 | Anti-social behaviour | On or near Devon Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Devon Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Devon Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Devon Crescent |