£262,320
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Jul 2019. 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 |
|---|---|
| £215,000 | 30 Jul 2019 |
| £116,500 | 16 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 July 2019 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 22.009%.Applying this 22.009% change to the original purchase price of £215,000 results in an estimated price of approximately £262,320.
| 30 Jul 2019 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 147.0 | 22.009 % | £215,000 | £47,320 | £262,320 |
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 | -27.761 % | £-59,685 | £155,314 |
| 3 Month Average | -15.960 % | £-34,313 | £180,686 |
| 6 Month Average | 6.089 % | £13,091 | £228,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £394,463 | £395,000 | 10A CHARMAN ROAD |
| 17 Mar 2023 | £598,372 | £600,000 | 19 RANELAGH ROAD |
| 23 Feb 2023 | £493,952 | £500,000 | 15 RANELAGH ROAD |
| 22 Feb 2023 | £644,903 | £652,800 | 18 CHARMAN ROAD |
| 12 Dec 2022 | £695,336 | £710,000 | 18 FENGATES ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 25 Mar 2019. Using an estimated price of £262,320 means this house is valued at £2,676 per sq meter (£248 per sq foot).
The average size of a house on HATCHLANDS ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatchlands Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Linkfield Corner |
| Feb 2024 | Anti-social behaviour | On or near Linkfield Corner | |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Linkfield Corner |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Linkfield Corner |