£375,047
This estimated value is based upon the latest sale price for the house of £370,000 on 14 Jul 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 |
|---|---|
| £370,000 | 14 Jul 2023 |
| £310,000 | 11 Sep 2014 |
| £250,000 | 6 Jul 2012 |
| £237,500 | 22 May 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 July 2023 the House Price Index for SURREY was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £370,000 results in an estimated price of approximately £375,047.
| 14 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £370,000 | £5,047 | £375,047 |
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 | -36.063 % | £-133,432 | £236,567 |
| 3 Month Average | -28.012 % | £-103,642 | £266,357 |
| 6 Month Average | -25.598 % | £-94,711 | £275,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2024 | £830,000 | £830,000 | 14 THE CEDARS |
| 11 Aug 2023 | £110,971 | £110,000 | FLAT 8 CHARLOTTE HOUSE THE CEDARS |
| 14 Jul 2023 | £375,048 | £370,000 | FLAT 12 SOUTH LAWNS, 73 REIGATE ROAD |
| 2 Jun 2023 | £911,035 | £900,000 | 6 FITZROY PLACE |
| 25 Apr 2023 | £469,263 | £464,210 | FLAT 1 SOUTH LAWNS, 73 REIGATE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Aug 2019. Using an estimated price of £375,048 means this house is valued at £4,688 per sq meter (£435 per sq foot).
The average size of a house on REIGATE ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burwood Close |
| Apr 2024 | Anti-social behaviour | On or near Fir Tree Walk | |
| Apr 2024 | Anti-social behaviour | On or near Beech Drive | |
| Apr 2024 | Drugs | Under investigation | On or near Beech Drive |
| Mar 2024 | Drugs | Under investigation | On or near Beech Drive |