£248,836
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Nov 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 |
|---|---|
| £250,000 | 4 Nov 2022 |
| £207,500 | 1 May 2016 |
| Flats/Maisonettes |
| Leasehold |
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 November 2022 the House Price Index for SURREY was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £250,000 results in an estimated price of approximately £248,836.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £250,000 | £-1,163 | £248,836 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 39.145 % | £97,863 | £347,863 |
| 3 Month Average | 1.675 % | £4,187 | £254,187 |
| 6 Month Average | 2.639 % | £6,596 | £256,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £327,437 | £320,000 | 13 NEW ROAD |
| 23 Oct 2023 | £329,995 | £322,500 | 27 NEW ROAD |
| 1 Feb 2023 | £184,734 | £183,500 | 23 THE WOODLANDS |
| 4 Nov 2022 | £248,836 | £250,000 | FLAT 3 THE OAKS CHAPEL ROAD |
| 6 Jun 2022 | £510,921 | £500,000 | SINGLETON PLOUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near The Woodlands | |
| Nov 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Woodlands |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| Sep 2024 | Anti-social behaviour | On or near New Road | |
| Sep 2024 | Anti-social behaviour | On or near New Road |