£551,255
This estimated value is based upon the latest sale price for the house of £452,000 on 11 Mar 2019. 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 |
|---|---|
| £452,000 | 11 Mar 2019 |
| £175,750 | 25 Oct 2013 |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 March 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £452,000 results in an estimated price of approximately £551,255.
| 11 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £452,000 | £99,255 | £551,255 |
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 | -52.203 % | £-235,957 | £216,042 |
| 3 Month Average | -12.861 % | £-58,133 | £393,866 |
| 6 Month Average | 0.080 % | £359 | £452,359 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 15 Jan 2014.
The average size of a house on BRIGHTON ROAD is 60 sq meters (646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |