£608,903
This estimated value is based upon the latest sale price for the house of £500,000 on 14 Dec 2018. 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 | 14 Dec 2018 |
| £312,000 | 29 May 2014 |
| £152,000 | 25 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2018 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £500,000 results in an estimated price of approximately £608,903.
| 14 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £500,000 | £108,903 | £608,903 |
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 | -52.583 % | £-262,916 | £237,083 |
| 3 Month Average | -12.382 % | £-61,908 | £438,091 |
| 6 Month Average | -5.466 % | £-27,331 | £472,668 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 5 Feb 2018.
The average size of a house on NUTFIELD ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chanctonbury Chase |
| 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 | Drugs | Unable to prosecute suspect | On or near Rural Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rural Way |