£352,810
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near Colgate Close
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Berry Farm, Blanks Lane, Newdigate, Charwood, RH5 5ED
Phone: 01494912561
| Price Paid | Date |
|---|---|
| £325,000 | 27 Sep 2021 |
| £270,000 | 20 Nov 2015 |
| £157,000 | 25 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2021 the House Price Index for WEST SUSSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £325,000 results in an estimated price of approximately £352,810.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £325,000 | £27,810 | £352,810 |
The Postcode Pricing Model uses changes in average sales price within the RH11 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 | 22.602 % | £73,457 | £398,457 |
| 3 Month Average | 11.802 % | £38,357 | £363,357 |
| 6 Month Average | 7.352 % | £23,892 | £348,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £367,324 | £358,000 | 20 ELSTED CLOSE |
| 8 Aug 2023 | £433,824 | £426,000 | 35 WARREN DRIVE |
| 31 Mar 2023 | £242,042 | £238,000 | 4 COLGATE CLOSE |
| 18 Jul 2022 | £222,227 | £220,000 | 9 WARREN DRIVE |
| 29 Jun 2022 | £410,781 | £402,000 | 18 ELSTED CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Apr 2015. Using an estimated price of £352,810 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on COLGATE CLOSE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colgate Close |
| Sep 2024 | Burglary | Under investigation | On or near Colgate Close |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Colgate Close |
| Oct 2024 | Other theft | Under investigation | On or near Climping Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Climping Road |