£2,166,384
This estimated value is based upon the latest sale price for the house of £1,275,000 on 31 Mar 2010. 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 |
---|---|
£1,275,000 | 31 Mar 2010 |
Detached |
Freehold |
Floor Area: 253 sq meters or 2,724 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 March 2010 the House Price Index for SURREY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £1,275,000 results in an estimated price of approximately £2,166,384.
31 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.912 % | £1,275,000 | £891,384 | £2,166,384 |
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 | 69.247 % | £882,898 | £2,157,898 |
3 Month Average | 14.787 % | £188,538 | £1,463,538 |
6 Month Average | 42.418 % | £540,830 | £1,815,830 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £658,419 | £650,000 | FLAT 1 VALLEY COURT, 26 WRAY COMMON ROAD |
14 Sep 2023 | £1,033,211 | £1,020,000 | 48 WRAY COMMON ROAD |
24 Apr 2023 | £3,585,607 | £3,547,000 | ORCHARD HOUSE THE WAY |
22 Nov 2022 | £449,555 | £455,000 | FLAT 14 VALLEY COURT, 26 WRAY COMMON ROAD |
15 Jul 2022 | £2,591,977 | £2,585,000 | AMBERLEY COTTAGE THE WAY |
This house has a floor area of 253 sq meters or 2,724 sq feet when measured on 30 Jul 2009. Using an estimated price of £2,166,384 means this house is valued at £8,558 per sq meter (£795 per sq foot).
The average size of a house on THE WAY is 243 sq meters (2,619 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wray Common Road |
Mar 2024 | Drugs | Under investigation | On or near Wray Common Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wray Common Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wray Common Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wray Lane |