£532,561
This estimated value is based upon the latest sale price for the house of £340,000 on 15 Jun 2007. 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 |
|---|---|
| £340,000 | 15 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2007 the House Price Index for SURREY was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £340,000 results in an estimated price of approximately £532,561.
| 15 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £340,000 | £192,561 | £532,561 |
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 | -25.528 % | £-86,795 | £253,204 |
| 3 Month Average | 28.375 % | £96,475 | £436,475 |
| 6 Month Average | 47.676 % | £162,100 | £502,100 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 7 Jan 2014.
The average size of a house on HILLFIELD CLOSE is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Crossland Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Crossland Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redstone Park |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hillfield Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cavendish Road |