£980,609
This estimated value is based upon the latest sale price for the house of £910,000 on 9 Sep 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 |
|---|---|
| £910,000 | 9 Sep 2021 |
| £614,000 | 15 Feb 2010 |
| £475,000 | 13 Oct 2006 |
| £285,000 | 30 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £910,000 results in an estimated price of approximately £980,609.
| 9 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £910,000 | £70,609 | £980,609 |
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 | -7.035 % | £-64,015 | £845,984 |
| 3 Month Average | -27.286 % | £-248,303 | £661,696 |
| 6 Month Average | -12.110 % | £-110,200 | £799,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £348,359 | £350,000 | FLAT 1 23 CROYDON ROAD |
| 7 Oct 2022 | £1,063,549 | £1,075,000 | 8 DEERINGS ROAD |
| 25 Aug 2022 | £1,341,389 | £1,345,000 | 15 EVERSFIELD ROAD |
| 18 Jul 2022 | £1,141,072 | £1,138,000 | 18 DEERINGS ROAD |
| 4 Jan 2022 | £181,540 | £172,500 | OFFICE SUITE STABLE MEWS, 23 CROYDON ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 15 Sep 2009. Using an estimated price of £980,609 means this house is valued at £8,240 per sq meter (£765 per sq foot).
The average size of a house on DEERINGS ROAD is 153 sq meters (1,653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Deerings Road |
| Feb 2024 | Public order | Under investigation | On or near Eversfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Clair Close |
| Mar 2024 | Anti-social behaviour | On or near The Crescent | |
| Mar 2024 | Anti-social behaviour | On or near The Crescent |