£543,088
This estimated value is based upon the latest sale price for the house of £410,000 on 7 Oct 2016. 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 |
|---|---|
| £410,000 | 7 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for SURREY was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £410,000 results in an estimated price of approximately £543,088.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £410,000 | £133,088 | £543,088 |
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 | 40.778 % | £167,187 | £577,187 |
| 3 Month Average | -18.442 % | £-75,613 | £334,386 |
| 6 Month Average | -7.837 % | £-32,130 | £377,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £284,489 | £282,000 | 28A MEADOW WAY |
| 9 Sep 2022 | £451,355 | £455,000 | 12 SANDCROSS LANE |
| 31 Aug 2022 | £219,409 | £220,000 | 34A MEADOW WAY |
| 13 May 2022 | £254,801 | £250,000 | 50A MEADOW WAY |
| 29 Apr 2022 | £247,152 | £240,000 | 44 MEADOW WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 3 Mar 2016. Using an estimated price of £543,088 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on MEADOW WAY is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Meadow Way | |
| Feb 2024 | Anti-social behaviour | On or near Meadow Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Way |
| Mar 2024 | Anti-social behaviour | On or near Orchard Way |