£458,427
This estimated value is based upon the latest sale price for the house of £370,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 31 Jan 2018 |
| £350,000 | 27 Mar 2015 |
| £290,000 | 31 Jul 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 January 2018 the House Price Index for WEST SUSSEX was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £370,000 results in an estimated price of approximately £458,427.
| 31 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £370,000 | £88,427 | £458,427 |
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 | -2.221 % | £-8,217 | £361,782 |
| 3 Month Average | 0.901 % | £3,334 | £373,334 |
| 6 Month Average | 2.701 % | £9,995 | £379,995 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 18 Dec 2012.
The average size of a house on HOMESTEAD ROAD is 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Homestead Road | |
| Dec 2023 | Anti-social behaviour | On or near Homestead Road | |
| Dec 2023 | Anti-social behaviour | On or near Homestead Road | |
| Dec 2023 | Anti-social behaviour | On or near Homestead Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penny Acre |