£296,688
This estimated value is based upon the latest sale price for the house of £289,950 on 13 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 |
|---|---|
| £289,950 | 13 Oct 2023 |
| £165,000 | 7 Oct 2011 |
| £163,500 | 6 Oct 2006 |
| £92,500 | 26 May 2000 |
| £52,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 £289,950 results in an estimated price of approximately £296,688.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £289,950 | £6,738 | £296,688 |
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 | 3.541 % | £10,266 | £300,216 |
| 3 Month Average | 7.495 % | £21,731 | £311,681 |
| 6 Month Average | 5.360 % | £15,540 | £305,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £562,278 | £545,000 | 5 CULPEPPER |
| 24 Oct 2023 | £306,972 | £300,000 | 2 VALLANCE CLOSE |
| 13 Oct 2023 | £296,688 | £289,950 | 11 VALLANCE CLOSE |
| 16 Jun 2023 | £571,452 | £560,000 | 1 HOWARD AVENUE |
| 5 Apr 2023 | £379,600 | £372,500 | 41 VALLANCE CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 Mar 2018. Using an estimated price of £296,688 means this house is valued at £6,054 per sq meter (£562 per sq foot).
The average size of a house on VALLANCE CLOSE is 54 sq meters (585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The Brooks | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Brooks |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dyall Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Saxby Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Valentine Drive |