£246,509
This estimated value is based upon the latest sale price for the house of £200,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 14 Feb 2020 |
| £158,950 | 28 Aug 2014 |
| £74,500 | 1 Sep 2000 |
| Freehold |
| Floor Area: 48 sq meters or 516 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 February 2020 the House Price Index for WEST SUSSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £200,000 results in an estimated price of approximately £246,509.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £200,000 | £46,509 | £246,509 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | -4.827 % | £-9,654 | £190,345 |
| 3 Month Average | 5.688 % | £11,375 | £211,375 |
| 6 Month Average | -0.653 % | £-1,306 | £198,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £562,782 | £550,000 | 15 NEWBURY ROAD |
| 8 Nov 2022 | £537,487 | £540,000 | 53 CHEPSTOW CLOSE |
| 28 Oct 2022 | £538,202 | £540,000 | 48 THE RIDINGS |
| 20 Oct 2022 | £333,885 | £335,000 | 11 CHEPSTOW CLOSE |
| 25 Feb 2022 | £396,171 | £375,000 | 20 CHEPSTOW CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 May 2014. Using an estimated price of £246,509 means this house is valued at £5,135 per sq meter (£477 per sq foot).
The average size of a house on CHEPSTOW CLOSE is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Taunton Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Taunton Close |
| Apr 2024 | Drugs | Under investigation | On or near Taunton Close |
| Apr 2024 | Anti-social behaviour | On or near Turners Hill Road | |
| Apr 2024 | Anti-social behaviour | On or near Turners Hill Road |