£360,235
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2007 the House Price Index for WEST SUSSEX was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £230,000 results in an estimated price of approximately £360,235.
| 5 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £230,000 | £130,235 | £360,235 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 73.654 % | £169,404 | £399,404 |
| 3 Month Average | 78.639 % | £180,870 | £410,870 |
| 6 Month Average | 70.839 % | £162,929 | £392,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £383,329 | £380,000 | 37 ABBOTS WAY |
| 5 Jun 2023 | £263,786 | £258,500 | 43 MONKS AVENUE |
| 27 Jan 2023 | £476,273 | £475,000 | 14 MONKS AVENUE |
| 23 Jan 2023 | £335,898 | £335,000 | 15 ABBOTS WAY |
| 25 Aug 2022 | £509,382 | £507,000 | 127 GRINSTEAD LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Mar 2018. Using an estimated price of £360,236 means this house is valued at £5,146 per sq meter (£478 per sq foot).
The average size of a house on GRINSTEAD LANE is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grinstead Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Grinstead Lane |
| Oct 2024 | Public order | Under investigation | On or near Monks Avenue |
| Sep 2024 | Drugs | Under investigation | On or near Monks Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robinson Close |