£508,078
This estimated value is based upon the latest sale price for the house of £293,000 on 11 Apr 2006. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Shrewsbury Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£293,000 | 11 Apr 2006 |
£220,000 | 25 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2006 the House Price Index for SURREY was 84.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 73.406%.Applying this 73.406% change to the original purchase price of £293,000 results in an estimated price of approximately £508,078.
11 Apr 2006 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 147.0 | 73.406 % | £293,000 | £215,078 | £508,078 |
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 | 23.590 % | £69,118 | £362,118 |
3 Month Average | 47.618 % | £139,519 | £432,519 |
6 Month Average | 85.088 % | £249,307 | £542,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £598,372 | £600,000 | 19 RANELAGH ROAD |
17 Mar 2023 | £349,050 | £350,000 | 40 RANELAGH ROAD |
23 Feb 2023 | £493,952 | £500,000 | 15 RANELAGH ROAD |
23 Feb 2023 | £103,730 | £105,000 | 35 HATCHLANDS ROAD |
12 Dec 2022 | £695,336 | £710,000 | 18 FENGATES ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 May 2013. Using an estimated price of £508,079 means this house is valued at £4,793 per sq meter (£445 per sq foot).
The average size of a house on RANELAGH ROAD is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Shrewsbury Road |
Nov 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shrewsbury Road |
Oct 2023 | Anti-social behaviour | On or near Shrewsbury Road | |
Oct 2023 | Anti-social behaviour | On or near Shrewsbury Road | |
Oct 2023 | Anti-social behaviour | On or near Shrewsbury Road |