£432,916
This estimated value is based upon the latest sale price for the house of £350,000 on 17 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 |
|---|---|
| £350,000 | 17 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 £350,000 results in an estimated price of approximately £432,916.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £350,000 | £82,916 | £432,916 |
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 % | £-41,536 | £308,463 |
| 3 Month Average | -30.786 % | £-107,750 | £242,249 |
| 6 Month Average | -7.533 % | £-26,365 | £323,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £608,186 | £600,000 | 15 WEALD WAY |
| 22 Jun 2023 | £506,131 | £500,000 | 17 LONESOME LANE |
| 21 Apr 2023 | £581,259 | £575,000 | 9 SOMERS GATE |
| 21 Apr 2023 | £636,857 | £630,000 | 7 SOMERS GATE |
| 19 Jan 2023 | £398,125 | £400,000 | 46 ASHDOWN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Jan 2018. Using an estimated price of £432,916 means this house is valued at £5,411 per sq meter (£502 per sq foot).
The average size of a house on ASHDOWN ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arden Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdown Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ashdown Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashdown Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rushetts Road |