£780,507
This estimated value is based upon the latest sale price for the house of £500,000 on 28 Sep 2007. 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 |
|---|---|
| £500,000 | 28 Sep 2007 |
| £100,000 | 11 Jun 1996 |
| Detached |
| Freehold |
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 2007 the House Price Index for SURREY was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £500,000 results in an estimated price of approximately £780,507.
| 28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £500,000 | £280,507 | £780,507 |
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 | 79.232 % | £396,160 | £896,160 |
| 3 Month Average | 5.817 % | £29,083 | £529,083 |
| 6 Month Average | 45.223 % | £226,116 | £726,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £313,801 | £310,000 | FLAT 1 8 REIGATE ROAD |
| 7 Oct 2022 | £1,063,549 | £1,075,000 | 8 DEERINGS ROAD |
| 25 Aug 2022 | £1,341,389 | £1,345,000 | 15 EVERSFIELD ROAD |
| 18 Jul 2022 | £1,141,072 | £1,138,000 | 18 DEERINGS ROAD |
| 25 Nov 2021 | £1,487,082 | £1,375,000 | 20 DOODS PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Deerings Road |
| Feb 2024 | Public order | Under investigation | On or near Eversfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Clair Close |
| Mar 2024 | Anti-social behaviour | On or near The Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Walk |