£168,834
This estimated value is based upon the latest sale price for the house of £165,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£165,000 | 27 Oct 2023 |
£125,000 | 24 Apr 2014 |
£128,750 | 26 Jul 2007 |
£47,000 | 19 Feb 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 October 2023 the House Price Index for WEST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £165,000 results in an estimated price of approximately £168,834.
27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £165,000 | £3,834 | £168,834 |
The Postcode Pricing Model uses changes in average sales price within the RH11 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 | 92.941 % | £153,352 | £318,352 |
3 Month Average | -5.673 % | £-9,360 | £155,639 |
6 Month Average | -7.301 % | £-12,046 | £152,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £168,835 | £165,000 | 22 TIMBERLANDS |
7 Mar 2023 | £202,582 | £199,199 | 16 BISHOPSTONE WALK |
8 Apr 2022 | £290,478 | £280,000 | 23 BISHOPSTONE WALK |
25 Feb 2022 | £369,760 | £350,000 | 9 WOODING GROVE |
12 Oct 2021 | £328,827 | £295,000 | 49 WOODWARDS |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Oct 2013. Using an estimated price of £168,835 means this house is valued at £3,926 per sq meter (£364 per sq foot).
The average size of a house on TIMBERLANDS is 46 sq meters (500 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Wooding Grove | |
Sep 2024 | Drugs | Under investigation | On or near Woodwards |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodwards |
Jul 2024 | Anti-social behaviour | On or near Oakapple Close | |
Jul 2024 | Anti-social behaviour | On or near Oakapple Close |