£490,461
This estimated value is based upon the latest sale price for the house of £405,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £405,000 | 15 Jun 2020 |
| £292,000 | 25 May 2007 |
| £249,950 | 29 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2020 the House Price Index for WEST SUSSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £405,000 results in an estimated price of approximately £490,461.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £405,000 | £85,461 | £490,461 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | -15.590 % | £-63,141 | £341,858 |
| 3 Month Average | 18.616 % | £75,396 | £480,396 |
| 6 Month Average | 17.311 % | £70,111 | £475,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £423,707 | £420,000 | 1 WISDEN AVENUE |
| 15 Mar 2023 | £529,993 | £525,000 | 14 WISDEN AVENUE |
| 22 Apr 2022 | £458,261 | £445,000 | 19 THE SAFFRONS |
| 15 Dec 2021 | £423,194 | £395,000 | 67 DUNSTALL AVENUE |
| 10 Nov 2021 | £454,236 | £420,000 | 24 WISDEN AVENUE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Jun 2019. Using an estimated price of £490,461 means this house is valued at £4,583 per sq meter (£425 per sq foot).
The average size of a house on CORNFORD CLOSE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornford Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornford Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Langridge Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gilligans |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gilligans |