£560,379
This estimated value is based upon the latest sale price for the house of £450,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 7 May 2019 |
| £320,000 | 27 Sep 2012 |
| £229,950 | 30 Apr 2001 |
| £115,000 | 29 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 May 2019 the House Price Index for WEST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £450,000 results in an estimated price of approximately £560,379.
| 7 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £450,000 | £110,379 | £560,379 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | 21.271 % | £95,721 | £545,721 |
| 3 Month Average | 9.006 % | £40,527 | £490,527 |
| 6 Month Average | 16.984 % | £76,426 | £526,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £291,456 | £282,500 | 6 CHELWOOD CLOSE |
| 13 Sep 2023 | £485,707 | £475,000 | 5 BLIGH CLOSE |
| 27 Jan 2023 | £451,206 | £450,000 | 4 ARDEN ROAD |
| 8 Jul 2022 | £409,099 | £405,000 | 9 BLIGH CLOSE |
| 21 Apr 2022 | £401,482 | £387,000 | 19 COOK ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 10 Jun 2012. Using an estimated price of £560,380 means this house is valued at £5,237 per sq meter (£486 per sq foot).
The average size of a house on FURNACE DRIVE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Livingstone Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chelwood Close |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Ringwood Close |
| Aug 2024 | Drugs | Local resolution | On or near Ringwood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brantridge Road |