£293,543
This estimated value is based upon the latest sale price for the house of £238,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near Rices Hill
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| Price Paid | Date |
|---|---|
| £238,000 | 16 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 July 2019 the House Price Index for WEST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £238,000 results in an estimated price of approximately £293,543.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £238,000 | £55,543 | £293,543 |
The Postcode Pricing Model uses changes in average sales price within the RH19 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 | -6.398 % | £-15,227 | £222,772 |
| 3 Month Average | 22.402 % | £53,316 | £291,316 |
| 6 Month Average | 19.079 % | £45,408 | £283,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £284,208 | £280,000 | FLAT 19 PHOENIX HOUSE, 23 - 25 CANTELUPE ROAD |
| 10 Feb 2023 | £174,882 | £175,000 | FLAT 3 CYNTHIA HOUSE, 11A CANTELUPE ROAD |
| 19 Jan 2023 | £398,125 | £400,000 | 2B JUDGES TERRACE |
| 24 Nov 2022 | £301,350 | £305,000 | 4C HIGH STREET |
| 10 Aug 2022 | £267,281 | £268,000 | FLAT 20 PHOENIX HOUSE, 23 - 25 CANTELUPE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Sep 2014. Using an estimated price of £293,543 means this house is valued at £3,190 per sq meter (£296 per sq foot).
The average size of a house on LONDON ROAD is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Rices Hill |
| Apr 2024 | Burglary | Under investigation | On or near Rices Hill |
| Apr 2024 | Anti-social behaviour | On or near Rices Hill | |
| Apr 2024 | Shoplifting | Under investigation | On or near Rices Hill |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rices Hill |