£2,221,121
This estimated value is based upon the latest sale price for the house of £1,976,309 on 19 Aug 2021. 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 |
|---|---|
| £1,976,309 | 19 Aug 2021 |
| £1,850,000 | 15 Mar 2018 |
| 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 August 2021 the House Price Index for SURREY was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £1,976,309 results in an estimated price of approximately £2,221,121.
| 19 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £1,976,309 | £244,812 | £2,221,121 |
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 | 27.197 % | £537,496 | £2,513,805 |
| 3 Month Average | 29.256 % | £578,184 | £2,554,493 |
| 6 Month Average | 32.312 % | £638,575 | £2,614,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £278,833 | £272,500 | FLAT 10 WESTSIDE HOUSE DUNRAVEN AVENUE |
| 5 Sep 2023 | £562,398 | £550,000 | 179 HONEYCROCK LANE |
| 19 Apr 2023 | £3,159,088 | £3,100,000 | UNIT 14 PERRYWOOD BUSINESS PARK |
| 14 Mar 2023 | £480,525 | £472,500 | 8 DUNRAVEN AVENUE |
| 10 Mar 2023 | £401,709 | £395,000 | 11 WESTMEAD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Salfords |
| Jul 2024 | Public order | Under investigation | On or near Salfords |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salfords |
| Jun 2024 | Bicycle theft | On or near Salfords (Station) | |
| Jun 2024 | Bicycle theft | On or near Salfords (Station) |