£596,644
This estimated value is based upon the latest sale price for the house of £117,000 on 28 May 1997. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £117,000 | 28 May 1997 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 1997 the House Price Index for SURREY was 28.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 409.953%.Applying this 409.953% change to the original purchase price of £117,000 results in an estimated price of approximately £596,644.
| 28 May 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 146.7 | 409.953 % | £117,000 | £479,644 | £596,644 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 130.878 % | £153,127 | £270,127 |
| 3 Month Average | 309.625 % | £362,260 | £479,260 |
| 6 Month Average | 358.540 % | £419,491 | £536,491 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Feb 2013.
The average size of a house on OAKWOOD CLOSE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redstone Park |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hillfield Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chanctonbury Chase |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Crossland Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Crossland Road |