£279,695
This estimated value is based upon the latest sale price for the house of £220,000 on 6 Oct 2017. 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 |
|---|---|
| £220,000 | 6 Oct 2017 |
| £149,000 | 1 Feb 2006 |
| £131,000 | 18 Feb 2004 |
| £88,000 | 23 Aug 2000 |
| £44,950 | 23 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 October 2017 the House Price Index for SURREY was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £220,000 results in an estimated price of approximately £279,695.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £220,000 | £59,695 | £279,695 |
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 | 48.979 % | £107,754 | £327,754 |
| 3 Month Average | 14.632 % | £32,189 | £252,189 |
| 6 Month Average | 22.081 % | £48,577 | £268,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £550,000 | £550,000 | 3 WOODLANDS AVENUE |
| 7 Mar 2024 | £507,802 | £500,000 | 3A WOODLANDS AVENUE |
| 12 Oct 2023 | £803,243 | £785,000 | 29A WOODLANDS ROAD |
| 15 Sep 2023 | £575,179 | £562,500 | 11 WOODLANDS AVENUE |
| 1 Aug 2023 | £809,602 | £795,000 | 29B WOODLANDS ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 6 Nov 2015. Using an estimated price of £279,695 means this house is valued at £5,950 per sq meter (£552 per sq foot).
The average size of a house on WOODLANDS ROAD is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Road |
| Oct 2024 | Other theft | Under investigation | On or near Woodlands Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Avenue |