£1,285,809
This estimated value is based upon the latest sale price for the house of £870,000 on 19 Feb 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 Greystones Drive
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £870,000 | 19 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 February 2015 the House Price Index for SURREY was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £870,000 results in an estimated price of approximately £1,285,809.
| 19 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £870,000 | £415,809 | £1,285,809 |
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 | 83.971 % | £730,548 | £1,600,548 |
| 3 Month Average | 6.867 % | £59,740 | £929,740 |
| 6 Month Average | 16.674 % | £145,067 | £1,015,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £1,211,413 | £1,200,000 | 69 WRAY PARK ROAD |
| 27 Jan 2023 | £686,765 | £690,000 | 25 GATTON ROAD |
| 11 Nov 2022 | £1,304,202 | £1,320,000 | 5 GREYSTONES DRIVE |
| 25 Aug 2022 | £1,491,984 | £1,496,000 | 15 GREYSTONES DRIVE |
| 29 Jul 2022 | £1,253,374 | £1,250,000 | 47 GATTON ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 8 Oct 2014. Using an estimated price of £1,285,809 means this house is valued at £7,937 per sq meter (£737 per sq foot).
The average size of a house on GREYSTONES DRIVE is 222 sq meters (2,393 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Greystones Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |