£480,089
This estimated value is based upon the latest sale price for the house of £305,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£305,000 | 28 Mar 2014 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 March 2014 the House Price Index for WEST SUSSEX was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £305,000 results in an estimated price of approximately £480,089.
28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £305,000 | £175,089 | £480,089 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | 126.564 % | £386,018 | £691,018 |
3 Month Average | 69.475 % | £211,898 | £516,898 |
6 Month Average | 67.674 % | £206,406 | £511,406 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £631,041 | £620,000 | 2 FARNHAM AVENUE |
14 Aug 2023 | £489,280 | £485,000 | 52 OCKLEY WAY |
8 Feb 2023 | £532,142 | £532,500 | 11 FARNHAM AVENUE |
4 Aug 2022 | £812,812 | £815,000 | 17 FARNHAM AVENUE |
26 May 2022 | £499,410 | £490,000 | 20 OCKLEY WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Aug 2012. Using an estimated price of £480,089 means this house is valued at £5,854 per sq meter (£543 per sq foot).
The average size of a house on OCKLEY WAY is 98 sq meters (1,061 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ann Close |
Feb 2024 | Anti-social behaviour | On or near Bromley Close | |
Feb 2024 | Anti-social behaviour | On or near Bromley Close | |
Feb 2024 | Anti-social behaviour | On or near Bromley Close | |
Feb 2024 | Anti-social behaviour | On or near Bromley Close |