£456,457
This estimated value is based upon the latest sale price for the house of £245,000 on 26 May 2009. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Fir Tree Walk
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£245,000 | 26 May 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 May 2009 the House Price Index for SURREY was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £245,000 results in an estimated price of approximately £456,457.
26 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £245,000 | £211,457 | £456,457 |
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 | 99.829 % | £244,580 | £489,580 |
3 Month Average | 91.945 % | £225,265 | £470,265 |
6 Month Average | 88.433 % | £216,662 | £461,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2024 | £842,951 | £830,000 | 14 THE CEDARS |
11 Aug 2023 | £112,020 | £110,000 | FLAT 8 CHARLOTTE HOUSE THE CEDARS |
2 Jun 2023 | £918,405 | £900,000 | 6 FITZROY PLACE |
25 Apr 2023 | £473,058 | £464,210 | FLAT 1 SOUTH LAWNS, 73 REIGATE ROAD |
18 Apr 2023 | £168,145 | £165,000 | FLAT 6 CHARLOTTE HOUSE THE CEDARS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Jul 2020. Using an estimated price of £456,457 means this house is valued at £5,370 per sq meter (£498 per sq foot).
The average size of a house on REIGATE ROAD is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Fir Tree Walk |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fir Tree Walk |
Apr 2024 | Anti-social behaviour | On or near Fir Tree Walk | |
Apr 2024 | Anti-social behaviour | On or near Fir Tree Walk | |
Apr 2024 | Anti-social behaviour | On or near Fir Tree Walk |