£347,904
This estimated value is based upon the latest sale price for the house of £62,000 on 13 Apr 1995. 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 |
---|---|
£62,000 | 13 Apr 1995 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 1995 the House Price Index for SURREY was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.137%.Applying this 461.137% change to the original purchase price of £62,000 results in an estimated price of approximately £347,904.
13 Apr 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.137 % | £62,000 | £285,904 | £347,904 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 397.321 % | £246,338 | £308,338 |
3 Month Average | 556.157 % | £344,817 | £406,817 |
6 Month Average | 418.406 % | £259,411 | £321,411 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £253,757 | £250,000 | 9 CHEQUERS CLOSE |
9 Nov 2023 | £490,258 | £483,000 | 57 HEVERS AVENUE |
23 Aug 2023 | £408,574 | £405,000 | 25 CHEQUERS CLOSE |
14 Jul 2023 | £395,321 | £390,000 | 22 CHEQUERS CLOSE |
23 Jun 2023 | £435,273 | £430,000 | 23 HORLEY ROW |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Sep 2013. Using an estimated price of £347,905 means this house is valued at £3,701 per sq meter (£343 per sq foot).
The average size of a house on CHEQUERS DRIVE is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Southlands Avenue |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Southlands Avenue |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Southlands Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southlands Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chequers Close |