£426,229
This estimated value is based upon the latest sale price for the house of £299,950 on 22 Jul 2015. 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 Prince Albert Square
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £299,950 | 22 Jul 2015 |
| £199,750 | 4 Jun 2009 |
| £160,000 | 31 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2015 the House Price Index for SURREY was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £299,950 results in an estimated price of approximately £426,229.
| 22 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £299,950 | £126,279 | £426,229 |
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 | -47.237 % | £-141,687 | £158,262 |
| 3 Month Average | -6.130 % | £-18,387 | £281,562 |
| 6 Month Average | 17.430 % | £52,280 | £352,230 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Feb 2015.
The average size of a house on PRINCE ALBERT SQUARE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Prince Albert Square | |
| Feb 2024 | Anti-social behaviour | On or near Prince Albert Square | |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Prince Albert Square |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Prince Albert Square |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Prince Albert Square |