£500,703
This estimated value is based upon the latest sale price for the house of £490,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near B2272
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Price Paid | Date |
---|---|
£490,000 | 24 Jun 2022 |
£465,000 | 31 Mar 2017 |
Terraced |
Leasehold |
Floor Area: 91 sq meters or 979 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 2022 the House Price Index for WEST SUSSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £490,000 results in an estimated price of approximately £500,703.
24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £490,000 | £10,703 | £500,703 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | -9.190 % | £-45,031 | £444,968 |
3 Month Average | 6.889 % | £33,755 | £523,755 |
6 Month Average | 7.031 % | £34,450 | £524,450 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £818,592 | £800,000 | 30 KNIGHT CLOSE |
30 Mar 2023 | £887,318 | £872,500 | 40 KNIGHT CLOSE |
24 Mar 2023 | £488,152 | £480,000 | FLAT 18 HURST PLACE, 1 KLEINWORT CLOSE |
18 Nov 2022 | £462,836 | £465,000 | FLAT 47 HURST PLACE, 1 KLEINWORT CLOSE |
2 Sep 2022 | £274,816 | £275,000 | FLAT 35 HURST PLACE, 1 KLEINWORT CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Jun 2016. Using an estimated price of £500,703 means this house is valued at £5,502 per sq meter (£511 per sq foot).
The average size of a house on KLEINWORT CLOSE is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near B2272 |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lincoln Wood |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pondside |