£279,592
This estimated value is based upon the latest sale price for the house of £162,950 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £162,950 | 29 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 September 2006 the House Price Index for WEST SUSSEX was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £162,950 results in an estimated price of approximately £279,592.
| 29 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £162,950 | £116,642 | £279,592 |
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 | 81.088 % | £132,132 | £295,082 |
| 3 Month Average | 73.763 % | £120,196 | £283,146 |
| 6 Month Average | 81.935 % | £133,512 | £296,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £302,500 | £302,500 | 1 MICHELBOURNE CLOSE |
| 14 Mar 2024 | £391,007 | £385,000 | 23 WOOLVEN CLOSE |
| 29 Sep 2023 | £583,871 | £571,000 | 11 WOOLVEN CLOSE |
| 25 Sep 2023 | £306,762 | £300,000 | 3 MICHELBOURNE CLOSE |
| 10 Jun 2022 | £618,215 | £605,000 | 19 DAYNES WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Jan 2016. Using an estimated price of £279,593 means this house is valued at £5,083 per sq meter (£472 per sq foot).
The average size of a house on MICHELBOURNE CLOSE is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Michelbourne Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Michelbourne Close |
| Sep 2024 | Public order | Under investigation | On or near Michelbourne Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Michelbourne Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Michelbourne Close |