£261,549
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Nov 2018. 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 |
---|---|
£215,000 | 28 Nov 2018 |
£199,950 | 14 Jun 2016 |
£134,950 | 7 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 412 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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £215,000 results in an estimated price of approximately £261,549.
28 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.651 % | £215,000 | £46,549 | £261,549 |
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 | -43.371 % | £-93,246 | £121,753 |
3 Month Average | -9.722 % | £-20,901 | £194,098 |
6 Month Average | -3.364 % | £-7,233 | £207,766 |
This house has a floor area of 38 sq meters or 412 sq feet when measured on 27 Nov 2008.
The average size of a house on MILL STREET is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (412 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Garibaldi Road |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near A23 |
Dec 2023 | Shoplifting | Awaiting court outcome | On or near A23 |
Dec 2023 | Anti-social behaviour | On or near A23 | |
Dec 2023 | Anti-social behaviour | On or near A23 |