£1,232,828
This estimated value is based upon the latest sale price for the house of £725,000 on 15 Feb 2013. 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 |
---|---|
£725,000 | 15 Feb 2013 |
£215,000 | 15 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 195 sq meters or 2,098 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 2013 the House Price Index for SURREY was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £725,000 results in an estimated price of approximately £1,232,828.
15 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £725,000 | £507,828 | £1,232,828 |
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 | 62.249 % | £451,304 | £1,176,304 |
3 Month Average | 39.378 % | £285,490 | £1,010,490 |
6 Month Average | 47.632 % | £345,329 | £1,070,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £885,000 | £885,000 | JOYEDEN, 13 WRAYFIELD AVENUE |
14 Sep 2023 | £1,042,992 | £1,020,000 | 48 WRAY COMMON ROAD |
14 Feb 2023 | £1,409,415 | £1,400,000 | 57 WRAY COMMON ROAD |
28 Jun 2022 | £91,966 | £90,000 | 29 WRAY COMMON ROAD |
17 Jun 2022 | £510,870 | £499,950 | FLAT 2 WRAY COPPICE OAKS ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 6 May 2014. Using an estimated price of £1,232,828 means this house is valued at £6,322 per sq meter (£587 per sq foot).
The average size of a house on WRAY COMMON ROAD is 102 sq meters (1,099 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near Lorian Drive |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lorian Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Raglan Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Doods Road |
Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Doods Road |