£272,055
This estimated value is based upon the latest sale price for the house of £223,000 on 3 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £223,000 | 3 Jun 2020 |
| £200,000 | 12 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 2020 the House Price Index for WEST SUSSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £223,000 results in an estimated price of approximately £272,055.
| 3 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £223,000 | £49,055 | £272,055 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | 11.379 % | £25,376 | £248,376 |
| 3 Month Average | 28.641 % | £63,869 | £286,869 |
| 6 Month Average | 30.731 % | £68,529 | £291,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £332,553 | £325,000 | 7 HOBLANDS |
| 21 Sep 2023 | £335,393 | £328,000 | 21 HOBLANDS |
| 8 Sep 2023 | £460,143 | £450,000 | 14 HOBLANDS |
| 16 Aug 2023 | £504,092 | £495,000 | 11 PEMBURY CLOSE |
| 16 Aug 2023 | £381,888 | £375,000 | 135 HOBLANDS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Apr 2020. Using an estimated price of £272,055 means this house is valued at £4,690 per sq meter (£435 per sq foot).
The average size of a house on HOBLANDS is 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pembury Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hoblands |
| Nov 2024 | Anti-social behaviour | On or near High Point | |
| Nov 2024 | Anti-social behaviour | On or near High Point | |
| Oct 2024 | Anti-social behaviour | On or near High Point |