£432,543
This estimated value is based upon the latest sale price for the house of £249,950 on 21 Apr 2006. 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 |
---|---|
£249,950 | 21 Apr 2006 |
£249,000 | 2 Apr 2004 |
£75,000 | 28 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 April 2006 the House Price Index for SURREY was 84.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.052%.Applying this 73.052% change to the original purchase price of £249,950 results in an estimated price of approximately £432,543.
21 Apr 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 146.7 | 73.052 % | £249,950 | £182,593 | £432,543 |
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 | 25.837 % | £64,580 | £314,530 |
3 Month Average | 49.446 % | £123,590 | £373,540 |
6 Month Average | 73.927 % | £184,779 | £434,729 |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 3 Jan 2014.
The average size of a house on LADBROKE ROAD is 72 sq meters (781 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Ladbroke Road |
Dec 2023 | Robbery | Under investigation | On or near Ladbroke Road |
Dec 2023 | Anti-social behaviour | On or near Ladbroke Road | |
Dec 2023 | Anti-social behaviour | On or near Ladbroke Road | |
Dec 2023 | Anti-social behaviour | On or near Ladbroke Road |