£365,196
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£315,000 | 27 Nov 2020 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST SUSSEX to estimate the market value.
When this house was purchased in November 2020 the House Price Index for WEST SUSSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £315,000 results in an estimated price of approximately £365,196.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £315,000 | £50,196 | £365,196 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | -46.571 % | £-146,697 | £168,302 |
3 Month Average | -8.649 % | £-27,242 | £287,757 |
6 Month Average | 1.762 % | £5,550 | £320,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £370,000 | £370,000 | 9 NUFFIELD CLOSE |
6 Jul 2023 | £369,980 | £365,000 | 3 HERTFORD CLOSE |
31 Mar 2023 | £388,662 | £385,000 | 27 QUEENS FIELDS WEST |
17 Jan 2023 | £393,148 | £395,000 | 45 CHURCHILL AVENUE |
30 Jun 2022 | £426,021 | £420,000 | 63 CHRISTCHURCH CRESCENT |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Sep 2020. Using an estimated price of £365,196 means this house is valued at £3,350 per sq meter (£311 per sq foot).
The average size of a house on MERTON CLOSE is 125 sq meters (1,352 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Merton Close | |
Feb 2024 | Shoplifting | Under investigation | On or near Parking Area |
Dec 2023 | Theft from the person | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |