£1,004,424
This estimated value is based upon the latest sale price for the house of £860,000 on 24 Nov 2020. 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 |
|---|---|
| £860,000 | 24 Nov 2020 |
| £760,000 | 2 Feb 2018 |
| £452,500 | 26 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 2020 the House Price Index for SURREY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £860,000 results in an estimated price of approximately £1,004,424.
| 24 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £860,000 | £144,424 | £1,004,424 |
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 | -1.585 % | £-13,631 | £846,368 |
| 3 Month Average | -7.932 % | £-68,214 | £791,785 |
| 6 Month Average | -6.890 % | £-59,253 | £800,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £849,289 | £830,000 | 8 HOWARD ROAD |
| 28 Apr 2023 | £684,809 | £672,000 | 35 EFFINGHAM ROAD |
| 26 Apr 2023 | £861,106 | £845,000 | 3 EFFINGHAM ROAD |
| 28 Feb 2023 | £291,950 | £290,000 | FLAT 10 FONTEYN COURT, 18 LESBOURNE ROAD |
| 1 Sep 2022 | £744,503 | £745,000 | 26 PARKGATE ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 5 May 2017. Using an estimated price of £1,004,425 means this house is valued at £5,839 per sq meter (£542 per sq foot).
The average size of a house on PARKGATE ROAD is 124 sq meters (1,336 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near St Andrew'S Close |
| Jun 2024 | Anti-social behaviour | On or near Effingham Road | |
| Jun 2024 | Anti-social behaviour | On or near Effingham Road | |
| May 2024 | Anti-social behaviour | On or near Effingham Road | |
| May 2024 | Anti-social behaviour | On or near Effingham Road |