£410,970
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Sep 2013. 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 |
---|---|
£250,000 | 20 Sep 2013 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 September 2013 the House Price Index for SURREY was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £250,000 results in an estimated price of approximately £410,970.
20 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.388 % | £250,000 | £160,970 | £410,970 |
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 | 60.573 % | £151,433 | £401,433 |
3 Month Average | 3.542 % | £8,855 | £258,855 |
6 Month Average | 16.360 % | £40,900 | £290,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £644,566 | £645,000 | 22 BRANDSLAND |
29 Jun 2022 | £456,451 | £450,000 | 44 LYNN WALK |
17 Sep 2021 | £411,640 | £382,000 | 49 MEADOW WAY |
31 Aug 2021 | £462,981 | £415,000 | 3 LYNN WALK |
30 Jun 2021 | £638,390 | £595,000 | 60 DOVERS GREEN ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 May 2014. Using an estimated price of £410,970 means this house is valued at £4,193 per sq meter (£389 per sq foot).
The average size of a house on BRANDSLAND is 114 sq meters (1,228 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brandsland |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lynn Walk |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lynn Walk |
Feb 2024 | Anti-social behaviour | On or near Meadow Way | |
Feb 2024 | Anti-social behaviour | On or near Meadow Way |