£384,376
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Berry Farm, Blanks Lane, Newdigate, Charwood, RH5 5ED
Phone: 01494912561
Price Paid | Date |
---|---|
£300,000 | 16 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 June 2017 the House Price Index for WEST SUSSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £300,000 results in an estimated price of approximately £384,376.
16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £300,000 | £84,376 | £384,376 |
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 | 30.000 % | £89,999 | £389,999 |
3 Month Average | 7.127 % | £21,380 | £321,380 |
6 Month Average | 17.885 % | £53,653 | £353,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2023 | £303,678 | £300,000 | 20 JORDANS CRESCENT |
3 Mar 2023 | £222,092 | £220,000 | 30 TURNPIKE PLACE |
17 Jun 2022 | £476,737 | £470,000 | 26 LANGLEY DRIVE |
25 Mar 2022 | £367,873 | £355,000 | 3 SHORT CLOSE |
22 Dec 2021 | £267,844 | £250,000 | 20 TURNPIKE PLACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 Aug 2016. Using an estimated price of £384,377 means this house is valued at £4,522 per sq meter (£420 per sq foot).
The average size of a house on JORDANS CRESCENT is 102 sq meters (1,108 sq feet).