£284,656
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Apr 2022. 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 |
---|---|
£280,000 | 6 Apr 2022 |
£280,000 | 5 Apr 2022 |
£287,000 | 10 Feb 2017 |
£170,000 | 19 Nov 2009 |
£59,000 | 27 Mar 1997 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 559 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 2022 the House Price Index for SURREY was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £280,000 results in an estimated price of approximately £284,656.
6 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 146.7 | 1.663 % | £280,000 | £4,656 | £284,656 |
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 | -70.176 % | £-196,493 | £83,506 |
3 Month Average | -14.560 % | £-40,767 | £239,232 |
6 Month Average | -8.817 % | £-24,688 | £255,311 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Jun 2016.
The average size of a house on SPENCER WAY is 88 sq meters (956 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Brow |
Mar 2024 | Anti-social behaviour | On or near The Brow | |
Feb 2024 | Drugs | Awaiting court outcome | On or near The Brow |
Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near The Brow |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenwood Drive |