£828,725
This estimated value is based upon the latest sale price for the house of £670,000 on 9 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £670,000 | 9 Aug 2018 |
| £530,000 | 2 Nov 2009 |
| 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 August 2018 the House Price Index for WEST SUSSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £670,000 results in an estimated price of approximately £828,725.
| 9 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £670,000 | £158,725 | £828,725 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | -37.151 % | £-248,910 | £421,089 |
| 3 Month Average | -1.751 % | £-11,733 | £658,266 |
| 6 Month Average | 24.416 % | £163,588 | £833,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £540,088 | £535,000 | 3 KINGSLAND COTTAGES REEDS LANE |
| 30 Sep 2022 | £1,190,387 | £1,200,000 | CHESAPEKE REEDS LANE |
| 24 Jun 2022 | £486,881 | £480,000 | WHITE HORSE LODGE FURZELAND WAY |
| 30 Mar 2022 | £688,596 | £664,500 | LA MASSANA REEDS LANE |
| 24 Mar 2022 | £329,013 | £317,500 | 9 DUNLOP CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Reed'S Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reed'S Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reed'S Lane |
| Jan 2024 | Anti-social behaviour | On or near Furzeland Way |