£361,928
This estimated value is based upon the latest sale price for the house of £195,000 on 4 Jan 2005. 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 |
---|---|
£195,000 | 4 Jan 2005 |
£196,685 | 17 Dec 2004 |
£167,000 | 27 Sep 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 774 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 January 2005 the House Price Index for SURREY was 79.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.605%.Applying this 85.605% change to the original purchase price of £195,000 results in an estimated price of approximately £361,928.
4 Jan 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 146.7 | 85.605 % | £195,000 | £166,928 | £361,928 |
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 | -19.645 % | £-38,307 | £156,692 |
3 Month Average | 47.657 % | £92,931 | £287,931 |
6 Month Average | 66.528 % | £129,729 | £324,729 |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 11 Apr 2011.
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 | Violence and sexual offences | Under investigation | On or near Warwick Road |
Feb 2024 | Burglary | 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 |