£827,658
This estimated value is based upon the latest sale price for the house of £575,000 on 10 Jul 2015. 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 |
|---|---|
| £575,000 | 10 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2015 the House Price Index for SURREY was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £575,000 results in an estimated price of approximately £827,658.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £575,000 | £252,658 | £827,658 |
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 | 70.857 % | £407,425 | £982,425 |
| 3 Month Average | -14.687 % | £-84,451 | £490,548 |
| 6 Month Average | 15.901 % | £91,428 | £666,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £998,737 | £990,000 | 16A WARREN ROAD |
| 21 Jul 2023 | £800,778 | £790,000 | 97 HOLMESDALE ROAD |
| 5 Jun 2023 | £506,131 | £500,000 | 93 HOLMESDALE ROAD |
| 30 Oct 2022 | £652,969 | £660,000 | 30 WARREN ROAD |
| 15 Aug 2022 | £498,658 | £500,000 | 79 HOLMESDALE ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 16 Mar 2015. Using an estimated price of £827,659 means this house is valued at £7,389 per sq meter (£686 per sq foot).
The average size of a house on WARREN ROAD is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Mark Street | |
| Dec 2023 | Anti-social behaviour | On or near Mark Street | |
| Dec 2023 | Anti-social behaviour | On or near Mark Street | |
| Dec 2023 | Anti-social behaviour | On or near Mark Street | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Warren Road |