£447,242
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Nov 2005. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Greenwood Drive
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £249,950 | 25 Nov 2005 |
| £218,000 | 18 Nov 2002 |
| £129,950 | 14 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2005 the House Price Index for SURREY was 82.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.933%.Applying this 78.933% change to the original purchase price of £249,950 results in an estimated price of approximately £447,242.
| 25 Nov 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 146.7 | 78.933 % | £249,950 | £197,292 | £447,242 |
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 | -16.775 % | £-41,929 | £208,020 |
| 3 Month Average | 42.048 % | £105,099 | £355,049 |
| 6 Month Average | 64.435 % | £161,056 | £411,006 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Sep 2019.
The average size of a house on GREENWOOD DRIVE is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenwood Drive |
| Dec 2023 | Burglary | Under investigation | On or near Greenwood Drive |
| Mar 2024 | Anti-social behaviour | On or near Rathgar Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rathgar Close |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Rathgar Close |