£670,858
This estimated value is based upon the latest sale price for the house of £425,000 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 22 Feb 2008 |
| £310,000 | 3 May 2005 |
| £130,000 | 12 Dec 1995 |
| Detached |
| Freehold |
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 2008 the House Price Index for WEST SUSSEX was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £425,000 results in an estimated price of approximately £670,858.
| 22 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £425,000 | £245,858 | £670,858 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | 34.046 % | £144,694 | £569,694 |
| 3 Month Average | 61.508 % | £261,410 | £686,410 |
| 6 Month Average | 60.901 % | £258,828 | £683,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £123,000 | £123,000 | FLAT 51 HOMESTREAM HOUSE MILL BAY LANE |
| 23 May 2024 | £720,000 | £720,000 | 11 WORTHING ROAD |
| 14 May 2024 | £120,000 | £120,000 | FLAT 48 HOMESTREAM HOUSE MILL BAY LANE |
| 3 Nov 2023 | £117,995 | £115,000 | FLAT 5 HOMESTREAM HOUSE MILL BAY LANE |
| 30 Oct 2023 | £579,164 | £566,010 | MILL HOUSE MILL BAY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Cricket Field Road | |
| Sep 2024 | Anti-social behaviour | On or near Cricket Field Road | |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Cricket Field Road |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near B2237 |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |