£236,612
This estimated value is based upon the latest sale price for the house of £210,000 on 15 Jan 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 |
|---|---|
| £210,000 | 15 Jan 2021 |
| £157,000 | 14 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 January 2021 the House Price Index for SURREY was 130.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.673%.Applying this 12.673% change to the original purchase price of £210,000 results in an estimated price of approximately £236,612.
| 15 Jan 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 146.7 | 12.673 % | £210,000 | £26,612 | £236,612 |
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 | 22.070 % | £46,346 | £256,346 |
| 3 Month Average | -24.648 % | £-51,761 | £158,238 |
| 6 Month Average | -7.535 % | £-15,823 | £194,176 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 10 Jul 2020.
The average size of a house on HATCHLANDS ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatchlands Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hatchlands Road |
| Jan 2024 | Anti-social behaviour | On or near Hatchlands Road | |
| Jan 2024 | Anti-social behaviour | On or near Hatchlands Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hatchlands Road |