£502,973
This estimated value is based upon the latest sale price for the house of £410,000 on 17 Dec 2019. 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 |
|---|---|
| £410,000 | 17 Dec 2019 |
| £250,000 | 21 Aug 2012 |
| £78,000 | 30 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 908 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £410,000 results in an estimated price of approximately £502,973.
| 17 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £410,000 | £92,973 | £502,973 |
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 | 25.338 % | £103,887 | £513,887 |
| 3 Month Average | -21.583 % | £-88,490 | £321,509 |
| 6 Month Average | -7.948 % | £-32,584 | £377,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £557,503 | £550,000 | 5 CRANSTON CLOSE |
| 14 Jul 2023 | £466,276 | £460,000 | 21 CRANSTON CLOSE |
| 17 Apr 2023 | £449,844 | £445,000 | 3 HARRISON CLOSE |
| 27 Mar 2023 | £449,232 | £445,000 | 6 CRANSTON CLOSE |
| 29 Nov 2022 | £345,811 | £350,000 | 43 HARRISON CLOSE |
This house has a floor area of 84 sq meters or 908 sq feet when measured on 13 Jun 2011. Using an estimated price of £502,973 means this house is valued at £5,959 per sq meter (£553 per sq foot).
The average size of a house on CRANSTON CLOSE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lymden Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Mary'S Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Isbells Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Close |
| Dec 2023 | Anti-social behaviour | On or near St Andrew'S Close |