£426,675
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Oct 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 |
---|---|
£285,000 | 31 Oct 2014 |
£202,000 | 23 Sep 2011 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 714 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 October 2014 the House Price Index for SURREY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £285,000 results in an estimated price of approximately £426,675.
31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £285,000 | £141,675 | £426,675 |
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 | -38.201 % | £-108,872 | £176,127 |
3 Month Average | 5.454 % | £15,544 | £300,544 |
6 Month Average | 24.696 % | £70,383 | £355,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £354,197 | £348,000 | 91 PRINCE ALBERT SQUARE |
18 Sep 2023 | £465,958 | £460,000 | 102 PRINCE ALBERT SQUARE |
24 Apr 2023 | £444,789 | £440,000 | 56 PRINCE ALBERT SQUARE |
31 Jan 2023 | £423,007 | £425,000 | 154 PRINCE ALBERT SQUARE |
16 Jan 2023 | £353,336 | £355,000 | 77 PRINCE ALBERT SQUARE |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 21 Mar 2011. Using an estimated price of £426,675 means this house is valued at £6,425 per sq meter (£596 per sq foot).
The average size of a house on PRINCE ALBERT SQUARE is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Prince Albert Square | |
Feb 2024 | Anti-social behaviour | On or near Prince Albert Square | |
Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Prince Albert Square |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Prince Albert Square |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Prince Albert Square |