£1,065,916
This estimated value is based upon the latest sale price for the house of £862,500 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£862,500 | 18 Dec 2019 |
£625,000 | 3 Mar 2003 |
Detached |
Freehold |
Floor Area: 234 sq meters or 2,518 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 December 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £862,500 results in an estimated price of approximately £1,065,916.
18 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £862,500 | £203,416 | £1,065,916 |
The Postcode Pricing Model uses changes in average sales price within the RH20 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 | 3.614 % | £31,172 | £893,672 |
3 Month Average | 12.159 % | £104,868 | £967,368 |
6 Month Average | 11.547 % | £99,594 | £962,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £327,437 | £320,000 | MOYNE STANE STREET |
30 Jun 2023 | £525,532 | £515,000 | 55 GLEBELANDS |
29 Apr 2022 | £638,014 | £615,000 | THE CORNER HOUSE STANE STREET |
18 Dec 2020 | £635,915 | £550,000 | BEECH HOUSE STANE STREET |
19 Oct 2020 | £865,053 | £732,000 | MYRTLE COTTAGE CRAY LANE |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 9 Jul 2019. Using an estimated price of £1,065,917 means this house is valued at £4,555 per sq meter (£423 per sq foot).
The average size of a house on BROOMERS HILL LANE is 186 sq meters (2,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Drovers Lane | |
Jun 2024 | Anti-social behaviour | On or near Drovers Lane | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Masons Way |
May 2024 | Anti-social behaviour | On or near Masons Way | |
May 2024 | Anti-social behaviour | On or near Masons Way |