£271,175
This estimated value is based upon the latest sale price for the house of £182,500 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for SURREY 1
There have been three burglaries within the last year on or near Frenches Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £182,500 | 12 Sep 2014 |
| £166,250 | 14 May 2008 |
| £118,750 | 19 Nov 2003 |
| £73,000 | 14 Mar 2000 |
| £53,000 | 11 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
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 2014 the House Price Index for SURREY was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £182,500 results in an estimated price of approximately £271,175.
| 12 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £182,500 | £88,675 | £271,175 |
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 | -33.628 % | £-61,371 | £121,128 |
| 3 Month Average | 5.491 % | £10,021 | £192,521 |
| 6 Month Average | 26.854 % | £49,008 | £231,508 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Frenches Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Frenches Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Frenches Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frenches Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Frenches Road |