£135,791
This estimated value is based upon the latest sale price for the house of £80,000 on 28 Apr 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 |
---|---|
£80,000 | 28 Apr 2010 |
£196,000 | 6 Aug 1999 |
Detached |
Freehold |
Floor Area: 158 sq meters or 1,700 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 April 2010 the House Price Index for SURREY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £80,000 results in an estimated price of approximately £135,791.
28 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.740 % | £80,000 | £55,791 | £135,791 |
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 | 74.461 % | £59,569 | £139,569 |
3 Month Average | 13.388 % | £10,710 | £90,710 |
6 Month Average | 43.842 % | £35,073 | £115,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £758,163 | £750,000 | 31 COCKSHOT ROAD |
17 Mar 2023 | £1,110,462 | £1,100,000 | 43 COCKSHOT ROAD |
1 Mar 2023 | £423,995 | £420,000 | 17 OAKHILL ROAD |
3 Feb 2023 | £349,765 | £350,000 | 16C SMOKE LANE |
9 Jan 2023 | £1,159,538 | £1,165,000 | 24A SMOKE LANE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 25 Nov 2013. Using an estimated price of £135,792 means this house is valued at £859 per sq meter (£79 per sq foot).
The average size of a house on SMOKE LANE is 124 sq meters (1,337 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Cockshot Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshot Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshot Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshot Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Mary'S Road |