£451,700
This estimated value is based upon the latest sale price for the house of £305,000 on 6 Oct 2014. 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 |
---|---|
£305,000 | 6 Oct 2014 |
£201,000 | 19 Oct 2005 |
£95,000 | 8 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 October 2014 the House Price Index for SURREY was 99.3.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 48.099%.Applying this 48.099% change to the original purchase price of £305,000 results in an estimated price of approximately £451,700.
6 Oct 2014 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 147.0 | 48.099 % | £305,000 | £146,700 | £451,700 |
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 | 1.166 % | £3,555 | £308,555 |
3 Month Average | 11.368 % | £34,672 | £339,672 |
6 Month Average | 44.638 % | £136,146 | £441,146 |
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 78 sq meters or 839 sq feet when measured on 9 May 2014. Using an estimated price of £451,701 means this house is valued at £5,791 per sq meter (£538 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 |