£347,460
This estimated value is based upon the latest sale price for the house of £297,500 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £297,500 | 4 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 November 2020 the House Price Index for WEST SUSSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £297,500 results in an estimated price of approximately £347,460.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £297,500 | £49,960 | £347,460 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 35.654 % | £106,070 | £403,570 |
| 3 Month Average | 26.343 % | £78,370 | £375,870 |
| 6 Month Average | 17.838 % | £53,069 | £350,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £335,149 | £330,000 | 4 MANOR WAY |
| 14 Dec 2023 | £373,476 | £362,000 | 3 GRINSTEAD LANE |
| 6 Dec 2023 | £247,609 | £240,000 | 24 HAYLEY ROAD |
| 21 Apr 2023 | £287,885 | £282,500 | 39 HAYLEY ROAD |
| 29 Apr 2022 | £448,685 | £432,500 | 42 GRINSTEAD LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Jul 2020. Using an estimated price of £347,461 means this house is valued at £5,515 per sq meter (£512 per sq foot).
The average size of a house on GRINSTEAD LANE is 122 sq meters (1,322 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Curvins Way |