£332,552
This estimated value is based upon the latest sale price for the house of £325,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 19 Oct 2023 |
| £219,950 | 11 Jun 2015 |
| £174,000 | 23 Feb 2007 |
| £152,500 | 11 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 October 2023 the House Price Index for WEST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £325,000 results in an estimated price of approximately £332,552.
| 19 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £325,000 | £7,552 | £332,552 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 9.376 % | £30,470 | £355,470 |
| 3 Month Average | 4.819 % | £15,661 | £340,661 |
| 6 Month Average | 3.049 % | £9,909 | £334,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £332,553 | £325,000 | 11 LARKE CLOSE |
| 30 Jun 2023 | £331,646 | £325,000 | 134 CHURCH GREEN |
| 25 Jan 2023 | £250,670 | £250,000 | FLAT 11 CHEYNE COURT, 29 RECTORY ROAD |
| 11 Nov 2022 | £497,673 | £500,000 | 19 RECTORY ROAD |
| 5 Sep 2022 | £339,773 | £340,000 | 4 GORRINGE CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 7 Jan 2015. Using an estimated price of £332,553 means this house is valued at £5,116 per sq meter (£475 per sq foot).
The average size of a house on LARKE CLOSE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kent Close |
| Jul 2024 | Other crime | Under investigation | On or near Kent Close |
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Kent Close |
| May 2024 | Bicycle theft | Under investigation | On or near Kent Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kent Close |