£351,418
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Jul 2014. This value is then adjusted by the current Official House Price Index for SURREY 1
There have been two burglaries within the last year on or near Warwick Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £230,000 | 8 Jul 2014 |
| £164,995 | 21 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2014 the House Price Index for SURREY was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £230,000 results in an estimated price of approximately £351,418.
| 8 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £230,000 | £121,418 | £351,418 |
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 | -33.194 % | £-76,345 | £153,654 |
| 3 Month Average | 10.943 % | £25,169 | £255,169 |
| 6 Month Average | 31.077 % | £71,476 | £301,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £355,260 | £350,000 | FLAT 2 CENTENARY COURT, 30 WARWICK ROAD |
| 31 Aug 2023 | £262,295 | £260,000 | FLAT 4 ASTER HOUSE WARWICK ROAD |
| 21 Feb 2022 | £225,469 | £215,000 | FLAT 5 JEFFERSON COURT, 47 - 49 WARWICK ROAD |
| 15 Dec 2021 | £222,846 | £208,000 | FLAT 12 JEFFERSON COURT, 47 - 49 WARWICK ROAD |
| 30 Nov 2021 | £248,748 | £230,000 | FLAT 6 ROSE HOUSE CARRINGTON CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Mar 2014. Using an estimated price of £351,418 means this house is valued at £5,956 per sq meter (£553 per sq foot).
The average size of a house on WARWICK ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Warwick Road |
| Feb 2024 | Burglary | Under investigation | On or near Warwick Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warwick Road |
| Feb 2024 | Drugs | Under investigation | On or near Warwick Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Warwick Road |