£949,837
This estimated value is based upon the latest sale price for the house of £775,000 on 29 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £775,000 | 29 Aug 2019 |
| £527,500 | 24 Aug 2004 |
| £335,000 | 22 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £775,000 results in an estimated price of approximately £949,837.
| 29 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £775,000 | £174,837 | £949,837 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | 70.437 % | £545,885 | £1,320,885 |
| 3 Month Average | 32.987 % | £255,650 | £1,030,650 |
| 6 Month Average | 36.166 % | £280,286 | £1,055,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,019,284 | £1,000,000 | 14 LONGLANDS SPINNEY |
| 14 Mar 2023 | £879,755 | £875,000 | 15 SECOND AVENUE |
| 4 May 2022 | £786,694 | £775,000 | 8 THIRD AVENUE |
| 9 Mar 2022 | £887,587 | £860,000 | 10 LONGLANDS SPINNEY |
| 12 Jan 2022 | £1,278,754 | £1,220,000 | TANGLEWOOD, 47 FIRST AVENUE |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 29 Mar 2019. Using an estimated price of £949,837 means this house is valued at £4,259 per sq meter (£395 per sq foot).
The average size of a house on FOURTH AVENUE is 217 sq meters (2,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Longlands Spinney |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Longlands Spinney |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Longlands |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |