£309,839
This estimated value is based upon the latest sale price for the house of £117,500 on 10 Oct 2002. 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 |
|---|---|
| £117,500 | 10 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 October 2002 the House Price Index for SURREY was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £117,500 results in an estimated price of approximately £309,839.
| 10 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £117,500 | £192,339 | £309,839 |
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 | 176.370 % | £207,234 | £324,734 |
| 3 Month Average | 68.321 % | £80,276 | £197,776 |
| 6 Month Average | 116.813 % | £137,255 | £254,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £443,883 | £440,000 | 17 STUART ROAD |
| 14 Apr 2023 | £439,735 | £435,000 | 26 APLEY ROAD |
| 2 Mar 2023 | £423,995 | £420,000 | 1 LYNDHURST ROAD |
| 28 Feb 2023 | £495,167 | £495,500 | 11 STOCKTON ROAD |
| 6 Jun 2022 | £410,805 | £405,000 | 15 APLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Nov 2020. Using an estimated price of £309,839 means this house is valued at £4,556 per sq meter (£423 per sq foot).
The average size of a house on STOCKTON ROAD is 97 sq meters (1,047 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stockton Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Apley Road |