£324,256
This estimated value is based upon the latest sale price for the house of £87,000 on 4 Aug 2000. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Berry Farm, Blanks Lane, Newdigate, Charwood, RH5 5ED
Phone: 01494912561
Price Paid | Date |
---|---|
£87,000 | 4 Aug 2000 |
£51,000 | 22 Nov 1996 |
Terraced |
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 August 2000 the House Price Index for WEST SUSSEX was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £87,000 results in an estimated price of approximately £324,256.
4 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 149.7 | 272.709 % | £87,000 | £237,256 | £324,256 |
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 | 270.596 % | £235,418 | £322,418 |
3 Month Average | 259.115 % | £225,429 | £312,429 |
6 Month Average | 245.071 % | £213,211 | £300,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £304,681 | £300,000 | 33 PADSTOW WALK |
1 Mar 2024 | £350,383 | £345,000 | 26 ELLMAN ROAD |
25 Sep 2023 | £176,900 | £173,000 | 71 PADSTOW WALK |
1 Sep 2023 | £337,439 | £330,000 | 2 MORECAMBE CLOSE |
22 Feb 2023 | £156,042 | £155,000 | 86 PADSTOW WALK |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Oct 2014. Using an estimated price of £324,257 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on MORECAMBE CLOSE is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Morecambe Close |
Oct 2024 | Drugs | Under investigation | On or near Colwyn Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Colwyn Close |
Sep 2024 | Burglary | Under investigation | On or near Colwyn Close |
Sep 2024 | Drugs | Under investigation | On or near Colwyn Close |