£437,730
This estimated value is based upon the latest sale price for the house of £279,950 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £279,950 | 14 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2007 the House Price Index for WEST SUSSEX was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £279,950 results in an estimated price of approximately £437,730.
| 14 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £279,950 | £157,780 | £437,730 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | 68.657 % | £192,206 | £472,156 |
| 3 Month Average | 61.640 % | £172,561 | £452,511 |
| 6 Month Average | 64.496 % | £180,556 | £460,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £245,410 | £240,000 | 53 FARRIERS LEA |
| 30 Jun 2023 | £280,420 | £274,800 | 61 WEAVERS MEAD |
| 23 Jun 2023 | £306,135 | £300,000 | 20 FARRIERS LEA |
| 13 Feb 2023 | £322,152 | £320,000 | 25 FARRIERS LEA |
| 14 Nov 2022 | £278,697 | £280,000 | 12 FARRIERS LEA |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Jun 2020. Using an estimated price of £437,730 means this house is valued at £4,249 per sq meter (£394 per sq foot).
The average size of a house on PIERCES LANE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Pierces Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pierces Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pierces Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Whitebeam Mews |
| Nov 2024 | Other theft | Under investigation | On or near Cherry Place |