£549,374
This estimated value is based upon the latest sale price for the house of £480,000 on 23 Nov 2020. 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 |
|---|---|
| £480,000 | 23 Nov 2020 |
| £325,000 | 28 Aug 2013 |
| £367,500 | 28 Sep 2007 |
| £135,000 | 26 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2020 the House Price Index for SURREY was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £480,000 results in an estimated price of approximately £549,374.
| 23 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £480,000 | £69,374 | £549,374 |
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 | -60.059 % | £-288,281 | £191,718 |
| 3 Month Average | -25.106 % | £-120,506 | £359,493 |
| 6 Month Average | -10.558 % | £-50,676 | £429,323 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Jun 2019.
The average size of a house on WIGGIE LANE is 131 sq meters (1,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Old School Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wiggie Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wiggie Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Rise |