£1,384,727
This estimated value is based upon the latest sale price for the house of £920,000 on 30 Sep 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 |
|---|---|
| £920,000 | 30 Sep 2014 |
| £470,000 | 12 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 September 2014 the House Price Index for SURREY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £920,000 results in an estimated price of approximately £1,384,727.
| 30 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £920,000 | £464,727 | £1,384,727 |
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 | 34.252 % | £315,116 | £1,235,116 |
| 3 Month Average | 7.018 % | £64,561 | £984,561 |
| 6 Month Average | 21.784 % | £200,411 | £1,120,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,967,210 | £1,950,000 | 7 BRIGHTLANDS ROAD |
| 27 Jul 2023 | £886,937 | £875,000 | 76 WRAY PARK ROAD |
| 29 Mar 2023 | £1,211,413 | £1,200,000 | 69 WRAY PARK ROAD |
| 19 Jan 2023 | £1,288,928 | £1,295,000 | 1 BRIGHTLANDS ROAD |
| 11 Nov 2022 | £1,304,202 | £1,320,000 | 5 GREYSTONES DRIVE |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 13 Jun 2014. Using an estimated price of £1,384,728 means this house is valued at £7,444 per sq meter (£691 per sq foot).
The average size of a house on RAGLAN ROAD is 139 sq meters (1,497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |