£399,658
This estimated value is based upon the latest sale price for the house of £327,500 on 7 May 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £327,500 | 7 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2019 the House Price Index for WEST SUSSEX was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £327,500 results in an estimated price of approximately £399,658.
| 7 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £327,500 | £72,158 | £399,658 |
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 | -27.761 % | £-90,918 | £236,581 |
| 3 Month Average | 9.956 % | £32,607 | £360,107 |
| 6 Month Average | 10.343 % | £33,874 | £361,374 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Jan 2019.
The average size of a house on CHERRY CLOSE is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Awaiting court outcome | On or near Cherry Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southway |
| Mar 2024 | Anti-social behaviour | On or near Orchard Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |