£648,254
This estimated value is based upon the latest sale price for the house of £488,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £488,000 | 12 Sep 2016 |
| £412,500 | 11 Dec 2007 |
| £156,500 | 9 Jul 1999 |
| £104,000 | 29 Mar 1996 |
| Detached |
| Freehold |
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 September 2016 the House Price Index for WEST SUSSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £488,000 results in an estimated price of approximately £648,254.
| 12 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £488,000 | £160,254 | £648,254 |
The Postcode Pricing Model uses changes in average sales price within the BN16 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 | 50.520 % | £246,539 | £734,539 |
| 3 Month Average | 14.385 % | £70,198 | £558,198 |
| 6 Month Average | 23.637 % | £115,346 | £603,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2022 | £386,039 | £385,000 | 16A WATER LANE |
| 24 Jun 2022 | £329,659 | £325,000 | 11 WATER LANE |
| 6 May 2022 | £550,370 | £540,000 | 91 GREENACRES RING |
| 25 Feb 2022 | £230,713 | £220,000 | 2 CUMBERLAND CRESCENT |
| 11 Feb 2022 | £367,043 | £350,000 | 19 WATER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Water Lane | |
| Feb 2024 | Anti-social behaviour | On or near Water Lane | |
| Feb 2024 | Anti-social behaviour | On or near Water Lane | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Crescent |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Crescent |