£1,296,777
This estimated value is based upon the latest sale price for the house of £1,250,000 on 29 Apr 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 |
|---|---|
| £1,250,000 | 29 Apr 2022 |
| Freehold |
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 April 2022 the House Price Index for SURREY was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,296,777.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £1,250,000 | £46,777 | £1,296,777 |
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 | -38.633 % | £-482,917 | £767,082 |
| 3 Month Average | 16.398 % | £204,978 | £1,454,978 |
| 6 Month Average | 10.288 % | £128,595 | £1,378,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £700,000 | £700,000 | MANZELNA KINGS CROSS LANE |
| 14 Dec 2023 | £464,266 | £450,000 | 12 THEPPS CLOSE |
| 7 Sep 2023 | £600,743 | £587,500 | 12A THEPPS CLOSE |
| 9 Mar 2023 | £635,615 | £625,000 | HIGH BEECH KINGS CROSS LANE |
| 24 Feb 2023 | £825,514 | £820,000 | LITTLE HUNDITH KINGS CROSS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Moats Lane |
| Aug 2024 | Anti-social behaviour | On or near Moats Lane | |
| Aug 2024 | Anti-social behaviour | On or near Moats Lane | |
| Jul 2024 | Anti-social behaviour | On or near Moats Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Moats Lane |