£767,947
This estimated value is based upon the latest sale price for the house of £295,000 on 29 Oct 2002. 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 |
|---|---|
| £295,000 | 29 Oct 2002 |
| £173,000 | 11 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 October 2002 the House Price Index for SURREY was 56.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 160.321%.Applying this 160.321% change to the original purchase price of £295,000 results in an estimated price of approximately £767,947.
| 29 Oct 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 146.7 | 160.321 % | £295,000 | £472,947 | £767,947 |
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 | -6.054 % | £-17,860 | £277,139 |
| 3 Month Average | 74.745 % | £220,497 | £515,497 |
| 6 Month Average | 104.733 % | £308,962 | £603,962 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 3 Apr 2017.
The average size of a house on CHANCTONBURY CHASE is 157 sq meters (1,697 sq feet).
This house is the smallest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chanctonbury Chase |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redstone Hollow |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow |