£763,608
This estimated value is based upon the latest sale price for the house of £415,000 on 26 Jun 2009. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 26 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,273 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 June 2009 the House Price Index for WEST SUSSEX was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £415,000 results in an estimated price of approximately £763,608.
| 26 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £415,000 | £348,608 | £763,608 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | 151.285 % | £627,831 | £1,042,831 |
| 3 Month Average | 89.890 % | £373,042 | £788,042 |
| 6 Month Average | 92.654 % | £384,512 | £799,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £659,768 | £650,000 | 26 QUEENS DRIVE |
| 29 Sep 2023 | £774,908 | £765,000 | 33 GRAND AVENUE |
| 25 Aug 2023 | £1,614,121 | £1,600,000 | ROSSMEAD ORCHARD LANE |
| 18 Aug 2023 | £549,810 | £545,000 | 18 WILMINGTON CLOSE |
| 18 Aug 2023 | £428,751 | £425,000 | 16 WILMINGTON CLOSE |
This house has a floor area of 118 sq meters or 1,273 sq feet when measured on 6 Apr 2009. Using an estimated price of £763,608 means this house is valued at £6,455 per sq meter (£599 per sq foot).
The average size of a house on THE CLOSE is 132 sq meters (1,425 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Queens Drive |