£395,337
This estimated value is based upon the latest sale price for the house of £315,000 on 25 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£315,000 | 25 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 January 2018 the House Price Index for WEST SUSSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £315,000 results in an estimated price of approximately £395,337.
25 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £315,000 | £80,337 | £395,337 |
The Postcode Pricing Model uses changes in average sales price within the RH14 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 | 3.696 % | £11,640 | £326,640 |
3 Month Average | -5.946 % | £-18,730 | £296,269 |
6 Month Average | 8.407 % | £26,482 | £341,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £420,000 | £420,000 | 14 MYRTLE CLOSE |
22 Sep 2023 | £430,504 | £425,000 | 17 LOWER STATION ROAD |
3 Mar 2023 | £403,754 | £399,950 | 10 MYRTLE CLOSE |
28 Sep 2022 | £167,646 | £169,000 | 31A LOWER STATION ROAD |
14 Sep 2022 | £675,545 | £681,000 | 8 LOWER STATION ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 16 Oct 2017. Using an estimated price of £395,338 means this house is valued at £7,459 per sq meter (£692 per sq foot).
The average size of a house on LOWER STATION ROAD is 108 sq meters (1,169 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookfield Way |
Mar 2024 | Shoplifting | Under investigation | On or near Myrtle Lane |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Myrtle Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Myrtle Lane |
Feb 2024 | Criminal damage and arson | On or near Billingshurst (Station) |