£1,044,233
This estimated value is based upon the latest sale price for the house of £535,000 on 2 Jun 2004. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £535,000 | 2 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 June 2004 the House Price Index for SURREY was 75.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 95.184%.Applying this 95.184% change to the original purchase price of £535,000 results in an estimated price of approximately £1,044,233.
| 2 Jun 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 146.7 | 95.184 % | £535,000 | £509,233 | £1,044,233 |
The Postcode Pricing Model uses changes in average sales price within the CR5 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 | 74.206 % | £397,002 | £932,002 |
| 3 Month Average | 97.867 % | £523,587 | £1,058,587 |
| 6 Month Average | 108.135 % | £578,519 | £1,113,519 |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 26 Sep 2013.
There is one other house on the street which we know the size of, this is THE GATE HOUSE BROAD WALK it is 270.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brighton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Star Lane |