£416,055
This estimated value is based upon the latest sale price for the house of £179,500 on 22 Aug 2003. 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 |
---|---|
£179,500 | 22 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 August 2003 the House Price Index for SURREY was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £179,500 results in an estimated price of approximately £416,055.
22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £179,500 | £236,555 | £416,055 |
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 | 208.384 % | £374,049 | £553,549 |
3 Month Average | 122.511 % | £219,907 | £399,407 |
6 Month Average | 122.985 % | £220,758 | £400,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £254,830 | £247,000 | FLAT 61 THE QUADRANGLE LUMLEY ROAD |
27 Nov 2023 | £200,079 | £195,000 | FLAT 10 THE QUADRANGLE LUMLEY ROAD |
10 Nov 2023 | £261,642 | £255,000 | FLAT 26 ELBOURNE HOUSE LUMLEY ROAD |
29 Sep 2023 | £230,072 | £225,000 | FLAT 64 THE QUADRANGLE LUMLEY ROAD |
27 Apr 2023 | £236,422 | £232,000 | FLAT 3 ELBOURNE HOUSE LUMLEY ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Dec 2019. Using an estimated price of £416,056 means this house is valued at £6,209 per sq meter (£576 per sq foot).
The average size of a house on LUMLEY ROAD is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near High Street |
Oct 2024 | Anti-social behaviour | On or near High Street | |
Oct 2024 | Shoplifting | Under investigation | On or near High Street |
Oct 2024 | Shoplifting | Under investigation | On or near High Street |
Oct 2024 | Public order | Under investigation | On or near High Street |