£1,228,187
This estimated value is based upon the latest sale price for the house of £725,000 on 16 Jul 2010. 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 |
|---|---|
| £725,000 | 16 Jul 2010 |
| £497,450 | 15 Jun 2005 |
| £288,750 | 16 Apr 1999 |
| £168,500 | 25 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,752 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 2010 the House Price Index for SURREY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £725,000 results in an estimated price of approximately £1,228,187.
| 16 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £725,000 | £503,187 | £1,228,187 |
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 | 56.581 % | £410,212 | £1,135,212 |
| 3 Month Average | -0.021 % | £-154 | £724,845 |
| 6 Month Average | 27.466 % | £199,131 | £924,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £313,801 | £310,000 | FLAT 1 8 REIGATE ROAD |
| 7 Oct 2022 | £1,063,549 | £1,075,000 | 8 DEERINGS ROAD |
| 25 Aug 2022 | £1,341,389 | £1,345,000 | 15 EVERSFIELD ROAD |
| 18 Jul 2022 | £1,141,072 | £1,138,000 | 18 DEERINGS ROAD |
| 20 May 2022 | £326,145 | £320,000 | 16 MONKS COURT MONKS WALK |
This house has a floor area of 255 sq meters or 2,752 sq feet when measured on 15 Feb 2010. Using an estimated price of £1,228,187 means this house is valued at £4,803 per sq meter (£446 per sq foot).
The average size of a house on EVERSFIELD ROAD is 155 sq meters (1,673 sq feet).
This house is the largest in the street with a floor area of 255 sq meters (2,752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Eversfield Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Deerings Road |
| Feb 2024 | Anti-social behaviour | On or near Monk'S Walk | |
| Feb 2024 | Anti-social behaviour | On or near Monk'S Walk | |
| Mar 2024 | Anti-social behaviour | On or near The Crescent |