£381,889
This estimated value is based upon the latest sale price for the house of £302,500 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £302,500 | 9 Mar 2018 |
| £195,000 | 24 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for WEST SUSSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £302,500 results in an estimated price of approximately £381,889.
| 9 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £302,500 | £79,389 | £381,889 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | 26.032 % | £78,748 | £381,248 |
| 3 Month Average | 14.975 % | £45,298 | £347,798 |
| 6 Month Average | 23.393 % | £70,764 | £373,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £482,412 | £475,000 | 11 PARHAM ROAD |
| 17 Aug 2023 | £473,541 | £465,000 | 19 HILLVIEW RISE |
| 26 Jun 2023 | £372,464 | £365,000 | 9 HILLVIEW RISE |
| 28 Apr 2023 | £346,481 | £340,000 | 19 GREATHAM ROAD |
| 26 Aug 2022 | £421,973 | £420,000 | 28 GREATHAM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Apr 2017. Using an estimated price of £381,890 means this house is valued at £6,260 per sq meter (£581 per sq foot).
The average size of a house on PARHAM ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Parham Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Hillview Rise |
| Jun 2024 | Other theft | Under investigation | On or near Greatham Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Greatham Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |