£366,578
This estimated value is based upon the latest sale price for the house of £210,000 on 12 Nov 2009. 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 Potters Way
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £210,000 | 12 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2009 the House Price Index for SURREY was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £210,000 results in an estimated price of approximately £366,578.
| 12 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £210,000 | £156,578 | £366,578 |
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 | 86.028 % | £180,658 | £390,658 |
| 3 Month Average | 13.598 % | £28,556 | £238,556 |
| 6 Month Average | 42.555 % | £89,365 | £299,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £438,492 | £432,000 | 8 REEVE ROAD |
| 14 Jul 2023 | £608,186 | £600,000 | 15 WEALD WAY |
| 22 Jun 2023 | £506,131 | £500,000 | 17 LONESOME LANE |
| 7 Oct 2022 | £604,541 | £611,050 | 22 WEALD WAY |
| 29 Jun 2022 | £456,451 | £450,000 | 44 LYNN WALK |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Nov 2013. Using an estimated price of £366,578 means this house is valued at £4,953 per sq meter (£460 per sq foot).
The average size of a house on POTTERS WAY is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Potters Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Potters Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Causeway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynn Walk |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lynn Walk |