£515,055
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 31 Oct 2019 |
| £324,950 | 8 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 902 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 2019 the House Price Index for WEST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £420,000 results in an estimated price of approximately £515,055.
| 31 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £420,000 | £95,055 | £515,055 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | -4.977 % | £-20,905 | £399,094 |
| 3 Month Average | -4.383 % | £-18,408 | £401,591 |
| 6 Month Average | 3.154 % | £13,247 | £433,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £408,574 | £405,000 | 77 WOODLANDS LANE |
| 3 Aug 2023 | £199,747 | £198,000 | 3 WOODLANDS LANE |
| 7 Mar 2023 | £376,043 | £372,500 | 85 WOODLANDS LANE |
| 29 Apr 2022 | £772,349 | £750,000 | 7 WINCHESTER DRIVE |
| 28 Feb 2022 | £356,556 | £340,000 | 3 SHOPLANDS PLACE |
This house has a floor area of 83 sq meters or 902 sq feet when measured on 16 Jan 2012. Using an estimated price of £515,056 means this house is valued at £6,140 per sq meter (£570 per sq foot).
The average size of a house on WOODLANDS LANE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Drive |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Duncan Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B2178 |
| Jan 2024 | Anti-social behaviour | On or near B2178 | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near B2178 |