£618,452
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Aug 2018. 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 |
|---|---|
| £500,000 | 29 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 230 sq meters or 2,475 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 2018 the House Price Index for SURREY was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £500,000 results in an estimated price of approximately £618,452.
| 29 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £500,000 | £118,452 | £618,452 |
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 | -11.868 % | £-59,337 | £440,662 |
| 3 Month Average | -30.786 % | £-153,929 | £346,070 |
| 6 Month Average | -7.533 % | £-37,665 | £462,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £526,735 | £520,000 | FLAT 8 PEATSWOOD, 2 BLANFORD ROAD |
| 2 Jun 2023 | £911,035 | £900,000 | 6 FITZROY PLACE |
| 28 Apr 2023 | £2,618,191 | £2,590,000 | 7 BLANFORD ROAD |
| 10 Jan 2023 | £452,867 | £455,000 | FLAT 7 PEATSWOOD, 2 BLANFORD ROAD |
| 12 May 2022 | £433,162 | £425,000 | FLAT 4 KINGSMUIR, 14 RINGLEY PARK ROAD |
This house has a floor area of 230 sq meters or 2,475 sq feet when measured on 8 Oct 2019. Using an estimated price of £618,452 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on BLANFORD ROAD is 186 sq meters (2,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burwood Close |
| Mar 2024 | Burglary | Under investigation | On or near Blanford Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ringley Park Road |
| Mar 2024 | Public order | Under investigation | On or near Beech Drive |
| Mar 2024 | Public order | Under investigation | On or near Beech Drive |