£258,302
This estimated value is based upon the latest sale price for the house of £255,000 on 28 Sep 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £255,000 | 28 Sep 2023 |
| £165,000 | 2 Sep 2013 |
| £147,000 | 25 Feb 2011 |
| £120,000 | 3 Feb 2010 |
| £126,000 | 5 Aug 2003 |
| £73,000 | 2 Dec 1999 |
| £51,000 | 3 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 715 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 September 2023 the House Price Index for SURREY was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £255,000 results in an estimated price of approximately £258,302.
| 28 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £255,000 | £3,302 | £258,302 |
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 | -54.914 % | £-140,030 | £114,969 |
| 3 Month Average | -27.177 % | £-69,300 | £185,699 |
| 6 Month Average | -15.982 % | £-40,754 | £214,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £258,303 | £255,000 | FLAT 8 REIBUCK HOUSE 21A RIDGEWAY ROAD |
| 26 Sep 2023 | £222,849 | £220,000 | FLAT 5 STIRLING HOUSE GARLANDS ROAD |
| 8 Mar 2023 | £297,806 | £295,000 | FLAT 2 15 UPPER BRIDGE ROAD |
| 6 Jan 2023 | £597,187 | £600,000 | 20 RIDGEWAY ROAD |
| 18 Aug 2022 | £199,463 | £200,000 | FLAT 18 STIRLING HOUSE GARLANDS ROAD |
This house has a floor area of 66 sq meters or 715 sq feet when measured on 22 Mar 2010. Using an estimated price of £258,303 means this house is valued at £3,888 per sq meter (£361 per sq foot).
The average size of a house on RIDGEWAY ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Ridgeway Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ridgeway Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgeway Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Garlands Road |
| Feb 2024 | Anti-social behaviour | On or near Garlands Road |