£470,362
This estimated value is based upon the latest sale price for the house of £318,250 on 28 Oct 2014. 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 |
|---|---|
| £318,250 | 28 Oct 2014 |
| £240,000 | 13 Aug 2010 |
| £168,000 | 26 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 October 2014 the House Price Index for SURREY was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £318,250 results in an estimated price of approximately £470,362.
| 28 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £318,250 | £152,112 | £470,362 |
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 | -38.201 % | £-121,574 | £196,675 |
| 3 Month Average | 5.454 % | £17,357 | £335,607 |
| 6 Month Average | 24.696 % | £78,594 | £396,844 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Jan 2017.
The average size of a house on VICTORIA ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Anti-social behaviour | On or near Victoria Road | |
| Feb 2024 | Anti-social behaviour | On or near Victoria Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |