£267,321
This estimated value is based upon the latest sale price for the house of £235,000 on 9 Apr 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 9 Apr 2021 |
| £218,000 | 25 Jun 2018 |
| £137,500 | 14 Jan 2013 |
| £139,950 | 8 Oct 2004 |
| £70,000 | 29 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 440 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 April 2021 the House Price Index for WEST SUSSEX was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £235,000 results in an estimated price of approximately £267,321.
| 9 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £235,000 | £32,321 | £267,321 |
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 | 24.000 % | £56,398 | £291,398 |
| 3 Month Average | -16.674 % | £-39,183 | £195,816 |
| 6 Month Average | 0.096 % | £225 | £235,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £246,251 | £240,000 | 44 RANMORE CLOSE |
| 27 Apr 2023 | £256,803 | £252,000 | 50 RANMORE CLOSE |
| 15 Aug 2022 | £467,185 | £465,000 | 9 KINGSWOOD CLOSE |
| 30 Jun 2022 | £413,846 | £405,000 | 64 HOLLINGBOURNE CRESCENT |
| 27 May 2022 | £205,350 | £200,000 | 4 OAKWOOD COURT |
This house has a floor area of 40 sq meters or 440 sq feet when measured on 24 Mar 2011. Using an estimated price of £267,321 means this house is valued at £6,532 per sq meter (£606 per sq foot).
The average size of a house on FARNHAM CLOSE is 101 sq meters (1,089 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Westcott Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surrenden Rise |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Netley Close |