£308,540
This estimated value is based upon the latest sale price for the house of £167,000 on 18 Feb 2005. 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 |
|---|---|
| £167,000 | 18 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 February 2005 the House Price Index for SURREY was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £167,000 results in an estimated price of approximately £308,540.
| 18 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £167,000 | £141,540 | £308,540 |
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 | 183.920 % | £307,146 | £474,146 |
| 3 Month Average | 59.783 % | £99,836 | £266,836 |
| 6 Month Average | 89.050 % | £148,713 | £315,713 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 6 Mar 2015.
The average size of a house on CROYDON ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Croydon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Croydon Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Deerings Road |