£571,997
This estimated value is based upon the latest sale price for the house of £525,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 24 Nov 2021 |
| £135,000 | 18 May 1998 |
| 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 November 2021 the House Price Index for WEST SUSSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £525,000 results in an estimated price of approximately £571,997.
| 24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £525,000 | £46,997 | £571,997 |
The Postcode Pricing Model uses changes in average sales price within the BN16 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 | -46.200 % | £-242,550 | £282,449 |
| 3 Month Average | -29.126 % | £-152,910 | £372,089 |
| 6 Month Average | -12.067 % | £-63,354 | £461,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £489,249 | £485,000 | 2 MILL ROAD AVENUE |
| 4 Mar 2024 | £523,036 | £515,000 | 52 MILL ROAD AVENUE |
| 17 Oct 2023 | £235,345 | £230,000 | 3 THE SQUARE |
| 16 Jun 2023 | £688,804 | £675,000 | 56 MILL ROAD AVENUE |
| 13 Jun 2023 | £406,139 | £398,000 | 24B MILL ROAD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Walk |
| Jul 2024 | Anti-social behaviour | On or near Chapel Walk | |
| Jun 2024 | Other theft | Under investigation | On or near Chapel Walk |
| Jun 2024 | Other crime | Under investigation | On or near Chapel Walk |
| May 2024 | Anti-social behaviour | On or near Chapel Walk |