Area Calculations Summary sheet Suburb Calculation Open Count1 Count2 Closed Count1 Count2 Differential % diff Comment Klevehill, Paulshof Price of area (R/m2) 1147.265337 69 425.89 15 721.37 169.38 N/A - Sample price differential too large - probably due to diff in sample size Petervale Change in price 2002 - 2003 175.6444413 3 65 N/A #VALUE! Change in price 2nd 1/2 2003 - 1st 1/2 2004 N/A 7.74 6 3 0.00 N/A Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 38.53717276 16 49 45.27 5 6 -6.73 -14.87 Closed increased by more % of Bond granted in area? 78.26086957 54 69 86.67 13 15 -8.41 -9.70 More bonds granted in closed area % 0f bond relative to selling price 110.38 54.00 87.54 13 22.84 26.08 loans > 100 % excluded 81.35 39 85.31 12 -3.96 -4.64 Value of bonds marginally higher Observatory Price of area (R/m2) 582.8880552 91 696.47 75 -113.58 -16.31 Value in closed areas higher Linksfield Change in price 2002 - 2003 -47.79857581 71 7 -17.76 59 4 -30.04 169.21 Decrease by less in closed area - but 2002 transfers low Cyrildene Change in price 2nd 1/2 2003 - 1st 1/2 2004 -2.330569248 35 11 119.90 8 34 -122.23 -101.94 Significant increase in value in closed area Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 9.699256146 35 36 13.57 34 25 -3.87 -28.51 Closed area increased % of Bond granted in area? 81.31868132 74 91 76.00 57 75 5.32 7.00 Marginally more bonds granted in open area % 0f bond relative to selling price 88.71 73 93.32 57 -4.61 -4.94 Higher value of bonds granted in closed area! loans > 100 % excluded 80.65 65 87.62 48 -6.97 -7.96 Higher value of bonds granted in closed area! Moret Price of area (R/m2) 1040.503118 171 987.69 165 52.82 5.35 Price similar Malanshof, Northwold Change in price 2002 - 2003 48.41595593 139 3 129.77 116 3 -81.36 -62.69 Closed increased but 2002 sample too small Bromhof and Boskruin Change in price 2nd 1/2 2003 - 1st 1/2 2004 8.684325081 28 78 17.18 44 81 -8.49 -49.45 Closed area has significantly higher increase Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 4.00682892 78 61 10.84 81 35 -6.84 -63.05 Closed area increased by twice as much as the open area % of Bond granted in area? 88.30409357 151 171 90.30 149 165 -2.00 -2.21 Marginally more bonds granted in closed area % 0f bond relative to selling price 117.15 150 108.35 147 8.79 8.12 Value of bonds higher in open area loans > 100 % excluded 87.98 118 82.96 114 5.02 6.05 Value of bonds higher in open area Savoy Estate,Rembrandt Park Price of area (R/m2) 193.4176714 152 272.15 133 -78.73 -28.93 Closed area value higher Kew, Lyndhurst Change in price 2002 - 2003 3.000629915 121 15 -36.41 114 12 39.42 -108.24 N/A 2002 sample too small Bramely Manor Change in price 2nd 1/2 2003 - 1st 1/2 2004 6.616132247 16 66 -12.56 6 57 19.17 -152.69 N/A 2004 sample too small Lombardy East & West Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 6.03195321 66 55 11.00 57 57 -4.97 -45.16 Closed area increased by more % of Bond granted in area? 94.73684211 144 152 76.69 102 133 18.05 23.53 Less bonds granted inclosed area % 0f bond relative to selling price 161.50 144 92.59 102 68.91 74.42 Value of bonds higher in open area loans > 100 % excluded 90.19 81 85.77 81 4.42 5.15 Value of bonds higher in open area Buccleuch & Kelvin Price of area (R/m2) 361.5385469 103 304.92 87 56.62 18.57 Price similar Change in price 2002 - 2003 9.82023269 92 2 58.58 73 10 -48.76 -83.23 N/A Change in price 2nd 1/2 2003 - 1st 1/2 2004 29.4246163 8 43 -6.08 3 32 35.50 -584.11 N/A Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 -9.575084532 43 49 1.99 32 41 -11.57 -580.44 Price increased in closed area as opposed to decrease in open area % of Bond granted in area? 89.32038835 92 103 93.10 81 87 -3.78 -4.06 Marginally more bonds granted in closed area % 0f bond relative to selling price 129.80 92 155.66 81 -25.86 -16.62 Value of bonds higher in closed area loans > 100 % excluded 87.10 69 87.74 42 -0.64 -0.73 Value of bonds similar Olivedale & bloubosrand Price of area (R/m2) 307.3450453 51 449.47 36 -142.13 -31.62 Price of closed area marginally higher Change in price 2002 - 2003 52.75591336 48 3 28.44 34 2 24.32 85.51 Change in price 2nd 1/2 2003 - 1st 1/2 2004 N/A N/A #VALUE! Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 12.50030023 12 36 17.94 10 24 -5.44 -30.32 Price of closed area increased by more % of Bond granted in area? 84.31372549 43 51 77.78 28 36 6.54 8.40 Less bonds granted in closed area % 0f bond relative to selling price 96.95 43 206.92 28 -109.98 -53.15 Value of bonds higher in closed area loans > 100 % excluded 94.55 38 91.09 17 3.46 3.80 Value of bonds lower in closed area (marginally) Suburb Calculation Open Count1 Count2 Closed Count1 Count2 Differential % diff Comment Edenvale Price of area (R/m2) 477.5592812 176 777.70 226 -300.14 -38.59 Price of closed area significantly higher Change in price 2002 - 2003 10.06742717 158 7 66.65 198 8 -56.58 -84.89 N/A Change in price 2nd 1/2 2003 - 1st 1/2 2004 29.00630624 10 83 6.75 18 97 22.25 329.54 N/A Change in price 1st 1/2 2002 - 2nd 1/2 2002 N/A N/A #VALUE! Change in price 1st 1/2 2003 - 2nd 1/2 2003 4.770026264 83 75 11.63 97 101 -6.86 -58.98 Increase in closed area significantly higher % of Bond granted in area? 83.52272727 147 176 92.48 209 226 -8.96 -9.68 More bonds granted in closed area % 0f bond relative to selling price 91.33 148 116.07 205 -24.75 -21.32 Value of bonds higher in closed area loans > 100 % excluded 87.44174629 125 81.80 160 5.64 6.89 Value of bonds lower in closed area (marginally) Morninghill Price of area (R/m2) 1806.871249 101 2674.50 75 -867.63 -32.44 Closed area worth more Change in price 2001 - 2002 -10.27699017 36 1 N/A #VALUE! Change in price 2002 - 2003 13.43291057 64 30 53.68 53 21 -40.24 -74.97 Price of closed area increased by significanlty more Change in price 2nd 1/2 2003 - 1st 1/2 2004 N/A N/A #VALUE! Change in price 1st 1/2 2002 - 2nd 1/2 2002 56.9033364 30 6 3.32 21 1 53.58 1613.67 N/A Change in price 1st 1/2 2003 - 2nd 1/2 2003 15.94149382 15 49 17.39 25 28 -1.45 -8.35 Price of closed area increased by marginally more % of Bond granted in area? 80.1980198 81 101 70.67 53 75 9.53 13.49 Less bonds granted in open area % 0f bond relative to selling price 113.3782197 74 106.75 50 6.62 6.20 Value of bonds marginally lower in closed area loans > 100 % excluded 78.52891285 58 81.40 37 -2.88 -3.53 Value of bonds marginally higher in closed area Bedfordview Price of area (R/m2) 1444.63898 169 2060.69 181 -616.05 -29.90 Value of houses higher in closed area Change in price 2001 - 2002 N/A N/A #VALUE! Change in price 2002 - 2003 16.32353679 104 51 35.71 97 68 -19.39 -54.29 Prices increased by more in closed area Change in price 2nd 1/2 2003 - 1st 1/2 2004 N/A N/A #VALUE! Change in price 1st 1/2 2002 - 2nd 1/2 2002 72.90129086 51 11 122.61 68 9 -49.71 -40.54 N/A Change in price 1st 1/2 2003 - 2nd 1/2 2003 7.56616112 20 84 72.30 26 71 -64.73 -89.53 Prices increased by a huge amount in closed areas Change in price 2nd 1/2 2002 - 1st 1/2 2003 14.65526713 84 51 13.68 71 68 0.97 7.10 Prices increased by almost the same in both open and closed areas % of Bond granted in area? 77.5147929 131 169 72.93 132 181 4.59 6.29 Marginally more bonds granted in open areas % 0f bond relative to selling price 138.69 122 137.14 118 1.55 1.13 Value of bonds similar loans > 100 % excluded 75.07 87 79.23 88 -4.15 -5.24 Value of bonds margianlly more in closed areas Key (This colour key refers to all relevant results) Price of area (R/m2) Change in price Bond related calculation