£421,301
This estimated value is based upon the latest sale price for the house of £341,000 on 3 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £341,000 | 3 Jun 2019 |
| £272,950 | 27 May 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £341,000 results in an estimated price of approximately £421,301.
| 3 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £341,000 | £80,301 | £421,301 |
The Postcode Pricing Model uses changes in average sales price within the RH11 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 | 45.708 % | £155,862 | £496,862 |
| 3 Month Average | 12.761 % | £43,515 | £384,515 |
| 6 Month Average | 20.087 % | £68,497 | £409,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £322,119 | £318,000 | 21 OTFORD CLOSE |
| 7 Jul 2023 | £273,683 | £270,000 | 8 RANMORE CLOSE |
| 21 Apr 2023 | £341,173 | £337,500 | 20 CHALDON ROAD |
| 30 Mar 2023 | £328,091 | £325,000 | 23 OTFORD CLOSE |
| 27 Jan 2023 | £318,500 | £320,000 | 20 OTFORD CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Mar 2014. Using an estimated price of £421,301 means this house is valued at £5,401 per sq meter (£501 per sq foot).
The average size of a house on OTFORD CLOSE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Otford Close |
| Mar 2024 | Other theft | Under investigation | On or near Hollingbourne Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Ranmore Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chevening Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chevening Close |