£338,703
This estimated value is based upon the latest sale price for the house of £174,500 on 31 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £174,500 | 31 Aug 2004 |
| £71,000 | 2 Jul 1999 |
| £64,000 | 26 Nov 1997 |
| Terraced |
| 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 August 2004 the House Price Index for WEST SUSSEX was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £174,500 results in an estimated price of approximately £338,703.
| 31 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £174,500 | £164,203 | £338,703 |
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 | 32.090 % | £55,996 | £230,496 |
| 3 Month Average | 59.275 % | £103,434 | £277,934 |
| 6 Month Average | 74.524 % | £130,044 | £304,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £312,944 | £305,000 | 10 CUMBERLAND ROAD |
| 21 Jul 2022 | £388,897 | £385,000 | 16A WATER LANE |
| 24 Jun 2022 | £332,099 | £325,000 | 11 WATER LANE |
| 6 May 2022 | £554,444 | £540,000 | 91 GREENACRES RING |
| 25 Mar 2022 | £290,213 | £278,000 | 2 GLADSTONE COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Jun 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Jun 2024 | Anti-social behaviour | On or near Cumberland Road | |
| May 2024 | Drugs | Local resolution | On or near Cumberland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |