£730,065
This estimated value is based upon the latest sale price for the house of £293,000 on 21 Jan 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 |
|---|---|
| £293,000 | 21 Jan 2003 |
| £290,000 | 7 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 141 sq meters or 1,517 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 January 2003 the House Price Index for SURREY was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £293,000 results in an estimated price of approximately £730,065.
| 21 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £293,000 | £437,065 | £730,065 |
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 | 87.413 % | £256,119 | £549,119 |
| 3 Month Average | 132.190 % | £387,315 | £680,315 |
| 6 Month Average | 140.110 % | £410,521 | £703,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £319,828 | £310,000 | FLAT 65 VICTORIA COURT ROYAL EARLSWOOD PARK |
| 29 Aug 2023 | £254,592 | £250,000 | FLAT 14 VICTORIA COURT ROYAL EARLSWOOD PARK |
| 3 Apr 2023 | £272,089 | £267,000 | FLAT 5 HELENA HOUSE ROYAL EARLSWOOD PARK |
| 20 Mar 2023 | £483,067 | £475,000 | FLAT 53 VICTORIA COURT ROYAL EARLSWOOD PARK |
| 8 Mar 2023 | £544,086 | £535,000 | FLAT 5 VICTORIA COURT ROYAL EARLSWOOD PARK |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 29 May 2020. Using an estimated price of £730,066 means this house is valued at £5,177 per sq meter (£481 per sq foot).
The average size of a house on ROYAL EARLSWOOD PARK is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Talfourd Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Talfourd Way |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Talfourd Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Talfourd Way |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gatehouse Lodge |