£629,354
This estimated value is based upon the latest sale price for the house of £500,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£500,000 | 2 Feb 2018 |
£149,000 | 25 Aug 1995 |
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 February 2018 the House Price Index for WEST SUSSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £500,000 results in an estimated price of approximately £629,354.
2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £500,000 | £129,354 | £629,354 |
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 | 4.893 % | £24,462 | £524,462 |
3 Month Average | 0.420 % | £2,099 | £502,099 |
6 Month Average | 13.759 % | £68,794 | £568,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £593,229 | £575,000 | 42 WINDSOR DRIVE |
29 Mar 2023 | £361,029 | £355,000 | 5 COWDRAY DRIVE |
11 Oct 2022 | £533,219 | £535,000 | 10 COWDRAY DRIVE |
27 Jun 2022 | £464,939 | £455,000 | 6 WILTON CLOSE |
21 Apr 2022 | £487,588 | £470,000 | 2 BUCKINGHAM PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Under investigation | On or near Windsor Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Penfold Lane |
Jun 2024 | Burglary | Under investigation | On or near Penfold Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Driftway |