£587,587
This estimated value is based upon the latest sale price for the house of £103,000 on 30 Nov 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 |
|---|---|
| £103,000 | 30 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 1995 the House Price Index for SURREY was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £103,000 results in an estimated price of approximately £587,587.
| 30 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £103,000 | £484,587 | £587,587 |
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 | 526.277 % | £542,065 | £645,065 |
| 3 Month Average | 327.298 % | £337,116 | £440,116 |
| 6 Month Average | 407.099 % | £419,311 | £522,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £217,340 | £215,000 | FLAT 9 RIDINGS COURT, 22 PRICES LANE |
| 13 Feb 2023 | £196,868 | £197,000 | FLAT 1 RIDINGS COURT, 22 PRICES LANE |
| 16 Feb 2022 | £844,199 | £805,000 | 29 VOGAN CLOSE |
| 29 Nov 2021 | £794,913 | £735,000 | 3 LIME CLOSE |
| 30 Jul 2021 | £833,217 | £725,000 | 6 VOGAN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 May 2016. Using an estimated price of £587,588 means this house is valued at £6,753 per sq meter (£627 per sq foot).
The average size of a house on VOGAN CLOSE is 114 sq meters (1,235 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Grosvenor Mews |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |