£316,036
This estimated value is based upon the latest sale price for the house of £174,365 on 30 Nov 2005. 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 |
---|---|
£174,365 | 30 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 2005 the House Price Index for SURREY was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £174,365 results in an estimated price of approximately £316,036.
30 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 148.6 | 81.250 % | £174,365 | £141,671 | £316,036 |
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 | -16.775 % | £-29,249 | £145,115 |
3 Month Average | 42.048 % | £73,317 | £247,682 |
6 Month Average | 64.435 % | £112,352 | £286,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £630,516 | £625,000 | 59 RINGWOOD AVENUE |
10 Feb 2023 | £104,929 | £105,000 | FLAT 5 PARKSIDE COURT, 43 GATTON PARK ROAD |
11 Apr 2022 | £290,403 | £282,000 | FLAT 4 PARKSIDE COURT, 43 GATTON PARK ROAD |
17 Jan 2022 | £307,303 | £292,000 | 11 GATTON PARK ROAD |
19 Nov 2021 | £838,173 | £775,000 | 2 RINGWOOD AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Jun 2021. Using an estimated price of £316,037 means this house is valued at £5,180 per sq meter (£481 per sq foot).
The average size of a house on GATTON PARK ROAD is 69 sq meters (746 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Avenue |
Mar 2024 | Drugs | Under investigation | On or near Ringwood Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Avenue |
Jan 2024 | Anti-social behaviour | On or near Ringwood Avenue | |
Jan 2024 | Anti-social behaviour | On or near Ringwood Avenue |