£1,666,448
This estimated value is based upon the latest sale price for the house of £277,500 on 6 Oct 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 |
---|---|
£277,500 | 6 Oct 2023 |
£230,000 | 12 Feb 2016 |
£168,500 | 22 Jul 2011 |
£156,000 | 20 Dec 2006 |
£123,500 | 24 Sep 2001 |
£93,000 | 10 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2023 the House Price Index for SURREY was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £277,500 results in an estimated price of approximately £1,666,448.
6 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 146.7 | 500.522 % | £277,500 | £1,388,948 | £1,666,448 |
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 | -72.539 % | £-201,296 | £76,203 |
3 Month Average | -31.483 % | £-87,366 | £190,133 |
6 Month Average | -18.393 % | £-51,041 | £226,458 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 May 2021.
The average size of a house on HIGH STREET is 61 sq meters (659 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hunters Gate |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
Jan 2024 | Other theft | Under investigation | On or near Mid Street |
Feb 2024 | Drugs | Under investigation | On or near Deans Lane |