£595,850
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Mar 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 |
|---|---|
| £575,000 | 30 Mar 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £575,000 results in an estimated price of approximately £595,850.
| 30 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £575,000 | £20,850 | £595,850 |
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 | -12.119 % | £-69,683 | £505,316 |
| 3 Month Average | -31.330 % | £-180,146 | £394,853 |
| 6 Month Average | -9.147 % | £-52,595 | £522,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £1,608,137 | £1,580,000 | 8 BLANFORD ROAD |
| 5 Sep 2023 | £526,735 | £520,000 | FLAT 8 PEATSWOOD, 2 BLANFORD ROAD |
| 28 Apr 2023 | £2,618,191 | £2,590,000 | 7 BLANFORD ROAD |
| 10 Jan 2023 | £452,867 | £455,000 | FLAT 7 PEATSWOOD, 2 BLANFORD ROAD |
| 20 May 2022 | £1,324,966 | £1,300,000 | 68 BLACKBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burwood Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crakell Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crakell Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near B2034 |
| Feb 2024 | Anti-social behaviour | On or near B2034 |