£456,659
This estimated value is based upon the latest sale price for the house of £372,000 on 23 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £372,000 | 23 Apr 2020 |
| £284,950 | 17 Aug 2018 |
| £113,000 | 28 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2020 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £372,000 results in an estimated price of approximately £456,659.
| 23 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £372,000 | £84,659 | £456,659 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | 32.303 % | £120,166 | £492,166 |
| 3 Month Average | 10.216 % | £38,003 | £410,003 |
| 6 Month Average | 12.863 % | £47,851 | £419,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £188,795 | £186,000 | 45 LEXINGTON DRIVE |
| 7 Sep 2023 | £202,590 | £200,000 | 25 HANBURY LANE |
| 17 Feb 2023 | £377,246 | £377,500 | 11 LEXINGTON DRIVE |
| 3 Feb 2023 | £334,775 | £335,000 | 5 LEXINGTON DRIVE |
| 19 Aug 2022 | £429,095 | £430,250 | 39 HANBURY LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Jan 2020. Using an estimated price of £456,659 means this house is valued at £5,248 per sq meter (£487 per sq foot).
The average size of a house on HANBURY LANE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hanbury Lane |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hanbury Lane |