£562,615
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Mar 2005. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 24 Mar 2005 |
| £290,000 | 12 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2005 the House Price Index for WEST SUSSEX was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £300,000 results in an estimated price of approximately £562,615.
| 24 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £300,000 | £262,615 | £562,615 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | 102.957 % | £308,870 | £608,870 |
| 3 Month Average | 89.835 % | £269,503 | £569,503 |
| 6 Month Average | 92.548 % | £277,645 | £577,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £350,779 | £340,000 | 48 CHARLWOOD GARDENS |
| 18 Aug 2023 | £366,612 | £360,000 | 11 CHARLWOOD GARDENS |
| 6 Apr 2023 | £611,436 | £600,000 | 47 CHARLWOOD ROAD |
| 27 Jan 2023 | £335,898 | £335,000 | 26 CHARLWOOD GARDENS |
| 20 Jun 2022 | £352,536 | £345,000 | 66 CHARLWOOD GARDENS |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 21 Sep 2020. Using an estimated price of £562,615 means this house is valued at £4,076 per sq meter (£378 per sq foot).
There is one other house on the street which we know the size of, this is 3 JANES CLOSE it is 116.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farnlea |
| Jul 2024 | Anti-social behaviour | On or near Farnlea | |
| Jul 2024 | Anti-social behaviour | On or near Farnlea | |
| Jul 2024 | Anti-social behaviour | On or near Farnlea | |
| Jul 2024 | Anti-social behaviour | On or near Farnlea |