£951,322
This estimated value is based upon the latest sale price for the house of £805,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £805,000 | 22 Oct 2020 |
| £325,000 | 2 May 2000 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 October 2020 the House Price Index for WEST SUSSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £805,000 results in an estimated price of approximately £951,322.
| 22 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £805,000 | £146,322 | £951,322 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | -0.038 % | £-303 | £804,696 |
| 3 Month Average | 29.141 % | £234,582 | £1,039,582 |
| 6 Month Average | 4.394 % | £35,372 | £840,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £750,039 | £731,000 | 16 MILL DRIVE |
| 20 Oct 2023 | £282,414 | £276,000 | 20 SPRINGHILLS |
| 1 Jun 2023 | £311,237 | £305,000 | 5 SPRINGHILLS |
| 25 Oct 2022 | £236,211 | £237,000 | 27 SPRINGHILLS |
| 27 Jul 2022 | £1,101,032 | £1,090,000 | LICHENS BARROW HILL |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 19 Feb 2015. Using an estimated price of £951,322 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on MILL DRIVE is 171 sq meters (1,849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Cedar Way | |
| Jun 2024 | Anti-social behaviour | On or near Cedar Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Springhills |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station |