£425,200
This estimated value is based upon the latest sale price for the house of £344,000 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £344,000 | 2 Sep 2019 |
| £235,000 | 12 Nov 2010 |
| £135,000 | 4 Sep 2002 |
| £75,950 | 18 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,451 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 September 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £344,000 results in an estimated price of approximately £425,200.
| 2 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £344,000 | £81,200 | £425,200 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | -27.247 % | £-93,729 | £250,270 |
| 3 Month Average | 7.689 % | £26,450 | £370,450 |
| 6 Month Average | 8.728 % | £30,025 | £374,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £297,553 | £290,000 | 9 ANDREW AVENUE |
| 22 Aug 2023 | £307,547 | £302,000 | 7 AJAX PLACE |
| 18 Nov 2022 | £492,696 | £495,000 | 7A MIDDLETON ROAD |
| 5 Sep 2022 | £299,800 | £300,000 | 9 VIRGINIA GARDENS |
| 16 Aug 2022 | £311,456 | £310,000 | 18 VIRGINIA GARDENS |
This house has a floor area of 134 sq meters or 1,451 sq feet when measured on 29 Nov 2010. Using an estimated price of £425,200 means this house is valued at £3,153 per sq meter (£293 per sq foot).
The average size of a house on PENNYFIELDS is 114 sq meters (1,234 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,451 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Flansham Mews |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Virginia Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Virginia Gardens |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Virginia Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Virginia Gardens |