£329,363
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Oct 2014 |
| £147,950 | 14 Nov 2003 |
| £59,000 | 25 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 580 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 October 2014 the House Price Index for WEST SUSSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £220,000 results in an estimated price of approximately £329,363.
| 23 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £220,000 | £109,363 | £329,363 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | 17.380 % | £38,236 | £258,236 |
| 3 Month Average | 30.515 % | £67,133 | £287,133 |
| 6 Month Average | 40.495 % | £89,089 | £309,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £287,531 | £282,500 | 6 CHELWOOD CLOSE |
| 13 Sep 2023 | £481,152 | £475,000 | 5 BLIGH CLOSE |
| 27 Jan 2023 | £447,890 | £450,000 | 4 ARDEN ROAD |
| 8 Jul 2022 | £406,093 | £405,000 | 9 BLIGH CLOSE |
| 21 Apr 2022 | £398,532 | £387,000 | 19 COOK ROAD |
This house has a floor area of 53 sq meters or 580 sq feet when measured on 24 Feb 2009. Using an estimated price of £329,363 means this house is valued at £6,103 per sq meter (£567 per sq foot).
The average size of a house on CHELWOOD CLOSE is 54 sq meters (590 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelwood Close |
| Mar 2024 | Other crime | Under investigation | On or near Chelwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelwood Close |
| Feb 2024 | Anti-social behaviour | On or near Chelwood Close | |
| Feb 2024 | Anti-social behaviour | On or near Chelwood Close |