£349,717
This estimated value is based upon the latest sale price for the house of £335,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £335,000 | 25 Mar 2022 |
| £282,500 | 31 Aug 2018 |
| £54,000 | 9 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2022 the House Price Index for WEST SUSSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £335,000 results in an estimated price of approximately £349,717.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £335,000 | £14,717 | £349,717 |
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 | -2.477 % | £-8,297 | £326,702 |
| 3 Month Average | -6.078 % | £-20,360 | £314,639 |
| 6 Month Average | 4.068 % | £13,627 | £348,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £246,251 | £240,000 | 44 RANMORE CLOSE |
| 27 Apr 2023 | £256,803 | £252,000 | 50 RANMORE CLOSE |
| 15 Aug 2022 | £467,185 | £465,000 | 9 KINGSWOOD CLOSE |
| 30 Jun 2022 | £413,846 | £405,000 | 64 HOLLINGBOURNE CRESCENT |
| 27 May 2022 | £205,350 | £200,000 | 4 OAKWOOD COURT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 May 2018. Using an estimated price of £349,718 means this house is valued at £5,142 per sq meter (£477 per sq foot).
The average size of a house on FARNHAM CLOSE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Westcott Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surrenden Rise |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Netley Close |