£599,622
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Apr 2011. 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 |
|---|---|
| £350,000 | 18 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 981 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 April 2011 the House Price Index for SURREY was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £350,000 results in an estimated price of approximately £599,622.
| 18 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £350,000 | £249,622 | £599,622 |
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 | 74.032 % | £259,110 | £609,110 |
| 3 Month Average | 13.407 % | £46,924 | £396,924 |
| 6 Month Average | 34.749 % | £121,620 | £471,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £452,789 | £447,000 | 11 WILMOTS CLOSE |
| 27 Jul 2023 | £886,937 | £875,000 | 76 WRAY PARK ROAD |
| 29 Mar 2023 | £1,211,413 | £1,200,000 | 69 WRAY PARK ROAD |
| 19 Oct 2022 | £225,571 | £228,000 | COLMAN REDLAND CENTRE CROYDON ROAD |
| 1 Sep 2022 | £1,315,378 | £1,326,000 | 88 WRAY PARK ROAD |
This house has a floor area of 91 sq meters or 981 sq feet when measured on 15 Feb 2011. Using an estimated price of £599,623 means this house is valued at £6,574 per sq meter (£610 per sq foot).
The average size of a house on CROYDON ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lorian Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Croydon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Croydon Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doods Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oak Road |