£950,277
This estimated value is based upon the latest sale price for the house of £550,000 on 28 Sep 2011. 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 |
|---|---|
| £550,000 | 28 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,608 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 September 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £550,000 results in an estimated price of approximately £950,277.
| 28 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £550,000 | £400,277 | £950,277 |
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 | 74.027 % | £407,146 | £957,146 |
| 3 Month Average | 9.307 % | £51,188 | £601,188 |
| 6 Month Average | 34.103 % | £187,567 | £737,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £465,647 | £457,500 | 25 WOODCREST WALK |
| 8 Jun 2023 | £769,319 | £760,000 | 13 DANESHILL CLOSE |
| 21 Feb 2023 | £689,536 | £690,000 | 20 CONISTON WAY |
| 18 Jan 2023 | £841,038 | £845,000 | 1 DANESHILL CLOSE |
| 15 Aug 2022 | £698,121 | £700,000 | 24 BATTS HILL |
This house has a floor area of 149 sq meters or 1,608 sq feet when measured on 21 Mar 2011. Using an estimated price of £950,278 means this house is valued at £6,360 per sq meter (£590 per sq foot).
The average size of a house on CARTMEL CLOSE is 154 sq meters (1,661 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Daneshill Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Colebrooke Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Green Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Green Way |