£430,718
This estimated value is based upon the latest sale price for the house of £272,000 on 28 Feb 2014. 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 |
|---|---|
| £272,000 | 28 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 February 2014 the House Price Index for SURREY was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £272,000 results in an estimated price of approximately £430,718.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £272,000 | £158,718 | £430,718 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 38.751 % | £105,403 | £377,403 |
| 3 Month Average | 83.538 % | £227,223 | £499,223 |
| 6 Month Average | 43.604 % | £118,602 | £390,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £223,918 | £220,000 | 94A BRIGHTON ROAD |
| 23 Aug 2023 | £408,574 | £405,000 | 25 CHEQUERS CLOSE |
| 9 Aug 2023 | £514,501 | £510,000 | 45 CHEQUERS DRIVE |
| 14 Jul 2023 | £395,321 | £390,000 | 22 CHEQUERS CLOSE |
| 3 Feb 2023 | £459,691 | £460,000 | 22 CHEQUERS DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Aug 2013. Using an estimated price of £430,719 means this house is valued at £5,383 per sq meter (£500 per sq foot).
The average size of a house on CHEQUERS DRIVE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Le May Close | |
| Mar 2024 | Anti-social behaviour | On or near Le May Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chequers Drive |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Southlands Avenue |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Southlands Avenue |