7, SUMMERS CLOSE, RUSTINGTON, LITTLEHAMPTON, BN16 2HY - £188,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SUMMERS CLOSE is a small flat of 61m², built sometime between 2003 and 2006, which could now be worth an estimated £225,280. It was last sold for £188,000 in May 2015, which was around 34% above the average May 2015 flat price in the Arun local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

7 SUMMERS CLOSE Sold Prices

Land registry data shows three sales for 7 SUMMERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Arun local authority area for the corresponding sale date. All of the three 7 SUMMERS CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 15 MAY	£188,000	£140,763	34% above HPI
2010 19 JUL	£169,000	£127,164	33% above HPI
2006 21 DEC	£175,000	£133,428	31% above HPI

What might 7 SUMMERS CLOSE be worth now?

7 SUMMERS CLOSE might now be worth an estimated £225,280.

This is based on house price inflation of 19.8%, between May 2015 and May 2026, for flats, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 7 SUMMERS CLOSE of £188,000 on 15th May 2015. For the value to have increased from £188,000 to £225,280 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 7 SUMMERS CLOSE has moved in line with the HPI for flats in the Arun local authority area.
• The May 2015 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SUMMERS CLOSE has not materially changed since May 2015.

How Large is 7 SUMMERS CLOSE?

7 SUMMERS CLOSE is 61m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of flats in Rustington, based on EPC data. 29% of flats are smaller than 7 SUMMERS CLOSE, and 70% of flats are larger. Note that EPC data is not available for all properties in Rustington.

7 SUMMERS CLOSE: Plot

7 SUMMERS CLOSE sits on a plot of roughly 0.424 of an acre, or 1,715m².

Where is 7 SUMMERS CLOSE?

7 SUMMERS CLOSE is located in RUSTINGTON, in the BN16 postcode district.