£797,109
This estimated value is based upon the latest sale price for the house of £650,000 on 14 Oct 2019. 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 |
|---|---|
| £650,000 | 14 Oct 2019 |
| Freehold |
| Floor Area: 102 sq meters or 1,101 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 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £650,000 results in an estimated price of approximately £797,109.
| 14 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £650,000 | £147,109 | £797,109 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 10.688 % | £69,471 | £719,471 |
| 3 Month Average | 40.537 % | £263,487 | £913,487 |
| 6 Month Average | 6.266 % | £40,729 | £690,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £673,613 | £665,000 | 22 ONTARIO CLOSE |
| 17 Aug 2023 | £1,210,591 | £1,200,000 | BROOK FARM PEEKS BROOK LANE |
| 31 Jul 2023 | £293,956 | £290,000 | 22 TORONTO DRIVE |
| 26 Oct 2022 | £536,721 | £542,500 | 218 SMALLFIELD ROAD |
| 29 Apr 2022 | £352,706 | £342,500 | 16 ONTARIO CLOSE |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 20 Jan 2009. Using an estimated price of £797,110 means this house is valued at £7,790 per sq meter (£723 per sq foot).
The average size of a house on PEEKS BROOK LANE is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peeks Brook Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peeks Brook Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peeks Brook Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peeks Brook Lane |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Peeks Brook Lane |