£18,747,035
This estimated value is based upon the latest sale price for the house of £15,210,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £15,210,000 | 28 Feb 2020 |
| 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 February 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £15,210,000 results in an estimated price of approximately £18,747,035.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £15,210,000 | £3,537,035 | £18,747,035 |
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 | 41.702 % | £6,342,831 | £21,552,831 |
| 3 Month Average | 10.533 % | £1,602,061 | £16,812,061 |
| 6 Month Average | 7.710 % | £1,172,722 | £16,382,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £837,873 | £825,000 | 54 LESBOURNE ROAD |
| 18 Dec 2023 | £544,739 | £528,000 | 8 LESBOURNE ROAD |
| 27 Nov 2023 | £271,902 | £265,000 | FLAT 5 LINDEN COURT LESBOURNE ROAD |
| 17 Nov 2023 | £322,178 | £314,000 | FLAT 1 FONTEYN COURT, 18 LESBOURNE ROAD |
| 8 Sep 2023 | £173,832 | £170,000 | 14 LESBOURNE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mulberry Close |
| Nov 2024 | Other crime | Under investigation | On or near Lesbourne Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near West Road |