£379,545
This estimated value is based upon the latest sale price for the house of £305,000 on 19 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Penlands Rise
More crime details
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| Price Paid | Date |
|---|---|
| £305,000 | 19 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £305,000 results in an estimated price of approximately £379,545.
| 19 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £305,000 | £74,545 | £379,545 |
The Postcode Pricing Model uses changes in average sales price within the BN44 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 | 21.606 % | £65,897 | £370,897 |
| 3 Month Average | 3.755 % | £11,452 | £316,452 |
| 6 Month Average | 8.921 % | £27,208 | £332,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £839,057 | £820,000 | 67 PENLANDS VALE |
| 24 Mar 2023 | £539,001 | £530,000 | 62 PENLANDS VALE |
| 10 Jan 2023 | £676,808 | £675,000 | 31 PENLANDS RISE |
| 9 Aug 2022 | £532,490 | £530,000 | 40 PENLANDS VALE |
| 29 Jul 2022 | £467,181 | £462,500 | 113 PENLANDS VALE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Mar 2019. Using an estimated price of £379,546 means this house is valued at £5,199 per sq meter (£483 per sq foot).
The average size of a house on PENLANDS RISE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Penlands Rise |
| Jun 2024 | Anti-social behaviour | On or near Ingram Road | |
| Jun 2024 | Anti-social behaviour | On or near Ingram Road | |
| May 2024 | Anti-social behaviour | On or near Penlands Way | |
| May 2024 | Anti-social behaviour | On or near Penlands Way |