£204,823
This estimated value is based upon the latest sale price for the house of £172,500 on 21 Sep 2020. 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 |
|---|---|
| £172,500 | 21 Sep 2020 |
| £530,000 | 6 Feb 2020 |
| £417,200 | 6 Feb 2020 |
| £380,000 | 15 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 155 sq meters or 1,668 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 2020 the House Price Index for SURREY was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £172,500 results in an estimated price of approximately £204,823.
| 21 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £172,500 | £32,323 | £204,823 |
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 | 72.901 % | £125,753 | £298,253 |
| 3 Month Average | -29.250 % | £-50,455 | £122,044 |
| 6 Month Average | -28.736 % | £-49,568 | £122,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,326,967 | £1,310,000 | 8 KENDAL CLOSE |
| 22 Feb 2023 | £969,348 | £970,000 | 10 KENDAL CLOSE |
| 24 Nov 2022 | £395,213 | £400,000 | FLAT 10 CUMBRIA COURT WINDERMERE WAY |
| 23 Jun 2022 | £1,224,302 | £1,207,000 | 23 WINDERMERE WAY |
| 24 Feb 2022 | £319,852 | £305,000 | 6 CABERFEIGH CLOSE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 12 Dec 2018. Using an estimated price of £204,823 means this house is valued at £1,321 per sq meter (£122 per sq foot).
The average size of a house on WINDERMERE WAY is 145 sq meters (1,570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Hatchlands Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hatchlands Road |
| Jan 2024 | Anti-social behaviour | On or near Hatchlands Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatchlands Road |
| Jan 2024 | Anti-social behaviour | On or near Hatchlands Road |