£619,665
This estimated value is based upon the latest sale price for the house of £375,000 on 6 Mar 2013. 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 |
|---|---|
| £375,000 | 6 Mar 2013 |
| £205,000 | 22 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 2013 the House Price Index for SURREY was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.244%.Applying this 65.244% change to the original purchase price of £375,000 results in an estimated price of approximately £619,665.
| 6 Mar 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.244 % | £375,000 | £244,665 | £619,665 |
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 | -26.044 % | £-97,663 | £277,336 |
| 3 Month Average | 25.301 % | £94,878 | £469,878 |
| 6 Month Average | 44.059 % | £165,221 | £540,221 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 21 Sep 2012.
The average size of a house on PARK AVENUE is 108 sq meters (1,167 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Park Avenue |
| Dec 2023 | Public order | Under investigation | On or near Park Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near White Lodge Gardens |
| Mar 2024 | Drugs | Under investigation | On or near White Lodge Gardens |