£136,694
This estimated value is based upon the latest sale price for the house of £109,509 on 20 Apr 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 |
---|---|
£109,509 | 20 Apr 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 April 2018 the House Price Index for SURREY was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £109,509 results in an estimated price of approximately £136,694.
20 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £109,509 | £27,185 | £136,694 |
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 | -31.301 % | £-34,277 | £75,231 |
3 Month Average | -14.055 % | £-15,391 | £94,117 |
6 Month Average | 3.218 % | £3,524 | £113,033 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £1,152,662 | £1,138,700 | 14 STATION ROAD |
7 Apr 2022 | £561,241 | £545,000 | 24 STATION ROAD |
20 Dec 2020 | £401,642 | £349,950 | FLAT 36 PICTURE HOUSE, 1 MARKETFIELD WAY |
18 Dec 2020 | £443,017 | £386,000 | FLAT 120 PICTURE HOUSE, 1 MARKETFIELD WAY |
4 Dec 2020 | £298,405 | £260,000 | FLAT 39 PICTURE HOUSE, 1 MARKETFIELD WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Oct 2020. Using an estimated price of £136,695 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on MARKETFIELD WAY is 65 sq meters (705 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | On or near Redhill (Station) | |
Mar 2024 | Public order | On or near Redhill (Station) | |
Mar 2024 | Other theft | On or near Redhill (Station) | |
Mar 2024 | Public order | On or near Redhill (Station) | |
Mar 2024 | Public order | On or near Redhill (Station) |