£1,288,099
This estimated value is based upon the latest sale price for the house of £996,500 on 26 Apr 2017. 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 Crakell Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £996,500 | 26 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 April 2017 the House Price Index for SURREY was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £996,500 results in an estimated price of approximately £1,288,099.
| 26 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £996,500 | £291,599 | £1,288,099 |
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 | 39.041 % | £389,047 | £1,385,547 |
| 3 Month Average | -11.912 % | £-118,705 | £877,794 |
| 6 Month Average | 2.916 % | £29,060 | £1,025,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £1,348,145 | £1,330,000 | 25 CHARTFIELD ROAD |
| 17 Jul 2023 | £841,323 | £830,000 | 14 CHARTFIELD ROAD |
| 25 Apr 2023 | £743,000 | £735,000 | 4 ALBION ROAD |
| 1 Jun 2022 | £786,109 | £775,000 | 28 ALBION ROAD |
| 24 May 2022 | £1,865,144 | £1,830,000 | 22 CRAKELL ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 18 Jan 2017. Using an estimated price of £1,288,099 means this house is valued at £10,142 per sq meter (£942 per sq foot).
The average size of a house on CRAKELL ROAD is 221 sq meters (2,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crakell Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crakell Road |
| Feb 2024 | Anti-social behaviour | On or near B2034 | |
| Feb 2024 | Burglary | Under investigation | On or near B2034 |
| Feb 2024 | Anti-social behaviour | On or near B2034 |