£286,961
This estimated value is based upon the latest sale price for the house of £92,500 on 22 Feb 2002. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £92,500 | 22 Feb 2002 |
| £42,750 | 31 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 February 2002 the House Price Index for WEST SUSSEX was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £92,500 results in an estimated price of approximately £286,961.
| 22 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £92,500 | £194,461 | £286,961 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 57.927 % | £53,582 | £146,082 |
| 3 Month Average | 129.687 % | £119,960 | £212,460 |
| 6 Month Average | 149.767 % | £138,534 | £231,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £270,000 | £270,000 | 9 COMPASS CLOSE |
| 20 Dec 2023 | £299,194 | £290,000 | 6 GRASSMERE CLOSE |
| 5 Oct 2023 | £270,135 | £264,000 | 33 KENDAL CLOSE |
| 25 Aug 2023 | £305,510 | £300,000 | 58 TIMBERLEYS |
| 28 Mar 2023 | £305,095 | £300,000 | 10 GRASSMERE CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Aug 2017. Using an estimated price of £286,962 means this house is valued at £4,782 per sq meter (£444 per sq foot).
The average size of a house on GRASSMERE CLOSE is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Timberleys | |
| Jun 2024 | Anti-social behaviour | On or near Timberleys | |
| May 2024 | Anti-social behaviour | On or near Timberleys | |
| May 2024 | Anti-social behaviour | On or near Timberleys | |
| May 2024 | Criminal damage and arson | Under investigation | On or near Timberleys |