£355,554
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Feb 2012. 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 |
|---|---|
| £210,000 | 28 Feb 2012 |
| £93,000 | 26 Jan 2001 |
| £51,500 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 594 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 2012 the House Price Index for SURREY was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £210,000 results in an estimated price of approximately £355,554.
| 28 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £210,000 | £145,554 | £355,554 |
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 | -18.269 % | £-38,365 | £171,634 |
| 3 Month Average | 34.240 % | £71,903 | £281,903 |
| 6 Month Average | 53.592 % | £112,542 | £322,542 |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 15 Mar 2010.
The average size of a house on SPENCER WAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Rathgar Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rathgar Close |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Rathgar Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Rathgar Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenwood Drive |