£856,643
This estimated value is based upon the latest sale price for the house of £550,000 on 20 May 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Fifth Avenue
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| Price Paid | Date |
|---|---|
| £550,000 | 20 May 2014 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 May 2014 the House Price Index for WEST SUSSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £550,000 results in an estimated price of approximately £856,643.
| 20 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £550,000 | £306,643 | £856,643 |
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 | 34.084 % | £187,459 | £737,459 |
| 3 Month Average | 40.656 % | £223,607 | £773,607 |
| 6 Month Average | 55.177 % | £303,473 | £853,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,031,702 | £1,000,000 | 14 LONGLANDS SPINNEY |
| 9 Mar 2022 | £897,782 | £860,000 | 10 LONGLANDS SPINNEY |
| 24 Nov 2021 | £844,378 | £775,000 | LITTLE GLEN, 1B LONGLANDS |
| 23 Nov 2021 | £975,120 | £895,000 | 48 LONGLANDS |
| 18 Dec 2020 | £780,441 | £675,000 | 2 LONGLANDS GLADE |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 30 Jan 2014. Using an estimated price of £856,643 means this house is valued at £4,003 per sq meter (£371 per sq foot).
The average size of a house on FIRST AVENUE is 197 sq meters (2,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Fifth Avenue |
| Jul 2024 | Public order | Under investigation | On or near Longlands Glade |
| May 2024 | Anti-social behaviour | On or near Fairway Close | |
| May 2024 | Anti-social behaviour | On or near Fairway Close | |
| May 2024 | Anti-social behaviour | On or near Fairway Close |