£408,176
This estimated value is based upon the latest sale price for the house of £385,000 on 10 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £385,000 | 10 Jan 2022 |
| £305,000 | 11 Oct 2017 |
| £272,000 | 4 Sep 2015 |
| £178,000 | 15 Jan 2004 |
| £129,950 | 12 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2022 the House Price Index for WEST SUSSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £385,000 results in an estimated price of approximately £408,176.
| 10 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £385,000 | £23,176 | £408,176 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | -42.275 % | £-162,760 | £222,239 |
| 3 Month Average | -8.961 % | £-34,501 | £350,498 |
| 6 Month Average | -9.535 % | £-36,709 | £348,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £514,468 | £510,000 | 5 HUTCHINSON CLOSE |
| 18 Dec 2023 | £515,851 | £500,000 | 2 FOXES CLOSE |
| 23 Jun 2023 | £408,180 | £400,000 | 27 COLUMBINE WAY |
| 12 Jun 2023 | £426,038 | £417,500 | 21 COLUMBINE WAY |
| 1 Sep 2022 | £579,613 | £580,000 | 7 HUTCHINSON CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Jun 2015. Using an estimated price of £408,176 means this house is valued at £5,515 per sq meter (£512 per sq foot).
The average size of a house on IRIS CLOSE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Carnation Close | |
| Apr 2024 | Anti-social behaviour | On or near Carnation Close | |
| Apr 2024 | Anti-social behaviour | On or near Carnation Close | |
| Apr 2024 | Anti-social behaviour | On or near Carnation Close | |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sunflower Close |