£189,640
This estimated value is based upon the latest sale price for the house of £155,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 21 Feb 2020 |
| £92,250 | 15 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 February 2020 the House Price Index for WEST SUSSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £155,000 results in an estimated price of approximately £189,640.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £155,000 | £34,640 | £189,640 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 36.206 % | £56,118 | £211,118 |
| 3 Month Average | 15.032 % | £23,298 | £178,298 |
| 6 Month Average | 7.889 % | £12,227 | £167,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £181,589 | £180,000 | 1 WARNHAM COURT CHESTER AVENUE |
| 16 Mar 2023 | £401,281 | £397,500 | 25 THE DRIVE |
| 29 Jul 2022 | £177,478 | £177,000 | 14 BIRCH CLOSE |
| 22 Jul 2022 | £426,147 | £425,000 | 8 THE DRIVE |
| 7 Jan 2022 | £578,824 | £550,000 | 11 THE DRIVE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 11 Dec 2019. Using an estimated price of £189,641 means this house is valued at £4,741 per sq meter (£440 per sq foot).
The average size of a house on CEDAR CLOSE is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Close |
| Mar 2024 | Other crime | Under investigation | On or near Birch Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birch Close |
| Feb 2024 | Anti-social behaviour | On or near Orme Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orme Close |