£496,782
This estimated value is based upon the latest sale price for the house of £408,000 on 15 Jul 2019. 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 |
|---|---|
| £408,000 | 15 Jul 2019 |
| £255,000 | 24 Nov 2016 |
| £200,000 | 4 Mar 2005 |
| £106,000 | 4 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 2019 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 21.760%.Applying this 21.760% change to the original purchase price of £408,000 results in an estimated price of approximately £496,782.
| 15 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £408,000 | £88,782 | £496,782 |
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 | -56.659 % | £-231,170 | £176,829 |
| 3 Month Average | -21.396 % | £-87,295 | £320,704 |
| 6 Month Average | -2.669 % | £-10,889 | £397,110 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 16 Jun 2015.
The average size of a house on WOODLANDS AVENUE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near A23 |
| Dec 2023 | Anti-social behaviour | On or near A23 | |
| Dec 2023 | Anti-social behaviour | On or near A23 | |
| Dec 2023 | Anti-social behaviour | On or near A23 | |
| Dec 2023 | Shoplifting | Awaiting court outcome | On or near A23 |