£554,646
This estimated value is based upon the latest sale price for the house of £450,000 on 7 Feb 2020. 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 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for WEST SUSSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £450,000 results in an estimated price of approximately £554,646.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £450,000 | £104,646 | £554,646 |
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 | 37.718 % | £169,731 | £619,731 |
| 3 Month Average | 20.020 % | £90,089 | £540,089 |
| 6 Month Average | 16.003 % | £72,014 | £522,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £570,000 | £570,000 | 1 SHEPHERDS WALK |
| 17 Nov 2023 | £661,799 | £645,000 | 4 MEADOWS |
| 2 Oct 2023 | £450,226 | £440,000 | 5 BRAMBLES |
| 28 Apr 2023 | £369,409 | £362,500 | 8 BRAMBLES |
| 31 Aug 2022 | £668,124 | £665,000 | 9 SHEPHERDS WALK |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 19 Feb 2019. Using an estimated price of £554,646 means this house is valued at £5,777 per sq meter (£536 per sq foot).
The average size of a house on MEADOWS is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Brambles | |
| Jul 2024 | Anti-social behaviour | On or near Brambles | |
| Jul 2024 | Anti-social behaviour | On or near Brambles | |
| Jul 2024 | Anti-social behaviour | On or near Brambles | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shepherds Walk |