£785,569
This estimated value is based upon the latest sale price for the house of £637,500 on 30 Nov 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 |
|---|---|
| £637,500 | 30 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,076 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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £637,500 results in an estimated price of approximately £785,569.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £637,500 | £148,069 | £785,569 |
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 | 38.300 % | £244,161 | £881,661 |
| 3 Month Average | -12.364 % | £-78,822 | £558,677 |
| 6 Month Average | -7.225 % | £-46,057 | £591,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £650,000 | £650,000 | 90 LESBOURNE ROAD |
| 18 Sep 2023 | £529,267 | £522,500 | 34 GLOVERS ROAD |
| 28 Apr 2023 | £482,519 | £477,324 | 38 GLOVERS ROAD |
| 21 Apr 2023 | £475,116 | £470,000 | 55 ST MARYS ROAD |
| 7 Feb 2023 | £729,509 | £730,000 | 27 GLOVERS ROAD |
This house has a floor area of 99 sq meters or 1,076 sq feet when measured on 4 Feb 2009. Using an estimated price of £785,569 means this house is valued at £7,858 per sq meter (£730 per sq foot).
The average size of a house on GLOVERS ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Effingham Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Effingham Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Mary'S Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chart Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chart Lane |