£1,113,636
This estimated value is based upon the latest sale price for the house of £715,000 on 21 May 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 |
|---|---|
| £715,000 | 21 May 2014 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 May 2014 the House Price Index for SURREY was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £715,000 results in an estimated price of approximately £1,113,636.
| 21 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £715,000 | £398,636 | £1,113,636 |
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 | 36.901 % | £263,844 | £978,844 |
| 3 Month Average | 29.973 % | £214,310 | £929,310 |
| 6 Month Average | 42.159 % | £301,433 | £1,016,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £802,327 | £790,000 | 18A CROYDON ROAD |
| 5 Jun 2023 | £316,339 | £310,000 | FLAT 1 8 REIGATE ROAD |
| 20 May 2022 | £328,560 | £320,000 | 16 MONKS COURT MONKS WALK |
| 8 Apr 2022 | £326,788 | £315,000 | 19 MONKS COURT MONKS WALK |
| 21 Mar 2022 | £292,301 | £280,000 | 8 MONKS COURT MONKS WALK |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 3 Jun 2013. Using an estimated price of £1,113,636 means this house is valued at £7,231 per sq meter (£671 per sq foot).
The average size of a house on CROYDON ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eversfield Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Deerings Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deerings Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Deerings Road |