£352,097
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 25 Apr 2018 |
| 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 April 2018 the House Price Index for WEST SUSSEX was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £280,000 results in an estimated price of approximately £352,097.
| 25 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £280,000 | £72,097 | £352,097 |
The Postcode Pricing Model uses changes in average sales price within the PO20 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 | 12.498 % | £34,994 | £314,994 |
| 3 Month Average | 22.570 % | £63,196 | £343,196 |
| 6 Month Average | 24.439 % | £68,429 | £348,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £247,609 | £240,000 | 28 FARNE LANE |
| 22 Nov 2023 | £328,334 | £320,000 | 8 FLORENCE CLOSE |
| 11 Nov 2022 | £338,418 | £340,000 | 81 CROOKED LANE |
| 16 Aug 2022 | £658,077 | £655,000 | ASHBROOK BURLOW CLOSE |
| 17 Dec 2021 | £808,941 | £749,500 | GREENWAYS BURLOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Farne Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Farne Close |
| May 2024 | Anti-social behaviour | On or near Farne Close | |
| May 2024 | Anti-social behaviour | On or near Farne Close | |
| May 2024 | Anti-social behaviour | On or near Farne Close |