£889,703
This estimated value is based upon the latest sale price for the house of £450,000 on 3 Jun 2004. 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 |
|---|---|
| £450,000 | 3 Jun 2004 |
| £414,000 | 23 May 2003 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 June 2004 the House Price Index for SURREY was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £450,000 results in an estimated price of approximately £889,703.
| 3 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £450,000 | £439,703 | £889,703 |
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 | 141.541 % | £636,936 | £1,086,936 |
| 3 Month Average | 43.828 % | £197,227 | £647,227 |
| 6 Month Average | 73.325 % | £329,964 | £779,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £1,620,723 | £1,600,000 | 5 SEALE HILL |
| 31 Mar 2023 | £454,280 | £450,000 | 34 CHURCH ROAD |
| 24 Nov 2022 | £963,331 | £975,000 | 10 KNIGHTWOOD CLOSE |
| 17 May 2022 | £937,668 | £920,000 | 19 CRESCENT ROAD |
| 20 Apr 2022 | £1,302,696 | £1,265,000 | 4 SEALE HILL |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 12 Jan 2015. Using an estimated price of £889,703 means this house is valued at £6,221 per sq meter (£578 per sq foot).
The average size of a house on KNIGHTWOOD CLOSE is 154 sq meters (1,663 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Anti-social behaviour | On or near Park Lane East | |
| Dec 2023 | Anti-social behaviour | On or near Park Lane East | |
| Dec 2023 | Anti-social behaviour | On or near Park Lane East | |
| Dec 2023 | Anti-social behaviour | On or near Park Lane East |