£436,368
This estimated value is based upon the latest sale price for the house of £425,000 on 12 May 2022. 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 |
|---|---|
| £425,000 | 12 May 2022 |
| Flats/Maisonettes |
| Leasehold |
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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £425,000 results in an estimated price of approximately £436,368.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £425,000 | £11,368 | £436,368 |
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 | 58.437 % | £248,357 | £673,357 |
| 3 Month Average | -1.059 % | £-4,501 | £420,498 |
| 6 Month Average | 0.760 % | £3,230 | £428,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £112,020 | £110,000 | FLAT 8 CHARLOTTE HOUSE THE CEDARS |
| 2 Jun 2023 | £918,405 | £900,000 | 6 FITZROY PLACE |
| 25 Apr 2023 | £473,058 | £464,210 | FLAT 1 SOUTH LAWNS, 73 REIGATE ROAD |
| 18 Apr 2023 | £168,145 | £165,000 | FLAT 6 CHARLOTTE HOUSE THE CEDARS |
| 19 May 2022 | £811,132 | £790,000 | 4 BLACKBOROUGH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Blackborough Road |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fitzroy Place |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Fir Tree Walk |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fir Tree Walk |
| Apr 2024 | Anti-social behaviour | On or near Fir Tree Walk |