£595,937
This estimated value is based upon the latest sale price for the house of £600,000 on 18 Aug 2023. 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 |
---|---|
£600,000 | 18 Aug 2023 |
£599,950 | 2 Aug 2017 |
£236,995 | 22 Dec 1999 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,281 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 August 2023 the House Price Index for SURREY was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £600,000 results in an estimated price of approximately £595,937.
18 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.7 | 146.7 | -0.677 % | £600,000 | £-4,062 | £595,937 |
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 | -62.398 % | £-374,389 | £225,610 |
3 Month Average | -29.601 % | £-177,604 | £422,395 |
6 Month Average | -17.154 % | £-102,922 | £497,077 |
This house has a floor area of 119 sq meters or 1,281 sq feet when measured on 14 Jun 2010.
The average size of a house on REED DRIVE is 122 sq meters (1,313 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Reed Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reed Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Talfourd Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Talfourd Way |
Dec 2023 | Burglary | Under investigation | On or near Talfourd Way |