£575,894
This estimated value is based upon the latest sale price for the house of £530,500 on 30 Sep 2021. 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 |
|---|---|
| £530,500 | 30 Sep 2021 |
| Semi-Detached |
| Freehold |
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 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £530,500 results in an estimated price of approximately £575,894.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £530,500 | £45,394 | £575,894 |
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 | -14.542 % | £-77,144 | £453,355 |
| 3 Month Average | 66.121 % | £350,770 | £881,270 |
| 6 Month Average | 23.529 % | £124,821 | £655,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £546,802 | £530,000 | 19 BROOKLANDS WAY |
| 21 Apr 2023 | £1,350,255 | £1,325,000 | 26C LINKFIELD LANE |
| 6 Jan 2023 | £882,358 | £880,000 | 12 DANESHILL |
| 8 Aug 2022 | £334,564 | £333,000 | 53 BROOKLANDS WAY |
| 13 May 2022 | £659,173 | £642,000 | 14 WOODFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goodwood Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Churchill Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Timperley Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Timperley Gardens |