£494,277
This estimated value is based upon the latest sale price for the house of £380,000 on 18 Nov 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 |
|---|---|
| £380,000 | 18 Nov 2016 |
| £247,000 | 8 Feb 2008 |
| £160,000 | 2 Nov 2001 |
| Terraced |
| 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 November 2016 the House Price Index for SURREY was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £380,000 results in an estimated price of approximately £494,277.
| 18 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £380,000 | £114,277 | £494,277 |
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 | -49.519 % | £-188,171 | £191,828 |
| 3 Month Average | -18.487 % | £-70,251 | £309,748 |
| 6 Month Average | -4.341 % | £-16,497 | £363,502 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 May 2016.
The average size of a house on NASH DRIVE is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nash Drive |
| Mar 2024 | Public order | Under investigation | On or near Nash Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nash Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Nash Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nash Drive |