£219,709
This estimated value is based upon the latest sale price for the house of £140,250 on 9 Apr 2008. 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 |
|---|---|
| £140,250 | 9 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 411 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 April 2008 the House Price Index for SURREY was 93.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.655%.Applying this 56.655% change to the original purchase price of £140,250 results in an estimated price of approximately £219,709.
| 9 Apr 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 146.7 | 56.655 % | £140,250 | £79,459 | £219,709 |
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 | -23.399 % | £-32,816 | £107,433 |
| 3 Month Average | 28.273 % | £39,652 | £179,902 |
| 6 Month Average | 42.773 % | £59,988 | £200,238 |
This house has a floor area of 38 sq meters or 411 sq feet when measured on 13 Jul 2010.
The average size of a house on SOMERSET ROAD is 108 sq meters (1,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Somerset Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Somerset Gardens | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerset Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Somerset Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cronks Hill |