£499,341
This estimated value is based upon the latest sale price for the house of £375,000 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 28 Jul 2016 |
| £225,000 | 19 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2016 the House Price Index for WEST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £375,000 results in an estimated price of approximately £499,341.
| 28 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £375,000 | £124,341 | £499,341 |
The Postcode Pricing Model uses changes in average sales price within the RH20 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 | 24.417 % | £91,565 | £466,565 |
| 3 Month Average | 16.377 % | £61,413 | £436,413 |
| 6 Month Average | 26.043 % | £97,662 | £472,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £340,000 | £340,000 | 5 DOWNLANDS |
| 1 Sep 2023 | £369,727 | £365,000 | 29 DOWNLANDS |
| 5 Jul 2023 | £440,935 | £435,000 | 71 GLEBELANDS |
| 3 Mar 2023 | £306,639 | £303,750 | 45 THE SPINNEY |
| 21 Oct 2021 | £376,203 | £340,000 | 13 DOWNLANDS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Feb 2016. Using an estimated price of £499,341 means this house is valued at £4,847 per sq meter (£450 per sq foot).
The average size of a house on DOWNLANDS is 85 sq meters (921 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Downlands |
| Feb 2024 | Anti-social behaviour | On or near The Spinney | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Spinney |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Spinney |
| Feb 2024 | Anti-social behaviour | On or near The Spinney |