£547,022
This estimated value is based upon the latest sale price for the house of £540,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£540,000 | 17 Nov 2023 |
£460,000 | 20 Mar 2020 |
£460,000 | 20 Mar 2020 |
£399,950 | 19 Dec 2013 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2023 the House Price Index for WEST SUSSEX was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £540,000 results in an estimated price of approximately £547,022.
17 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £540,000 | £7,022 | £547,022 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | -20.752 % | £-112,061 | £427,938 |
3 Month Average | -23.540 % | £-127,117 | £412,882 |
6 Month Average | -14.145 % | £-76,381 | £463,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £451,543 | £443,000 | 5 BUTLERS ROAD |
12 Dec 2023 | £473,967 | £465,000 | 18 NORTH HOLMES CLOSE |
4 Dec 2023 | £188,567 | £185,000 | 7 FOREST LODGE FOREST ROAD |
17 Nov 2023 | £547,023 | £540,000 | 3 RUTHERFORD WAY |
24 Jul 2023 | £484,584 | £480,000 | 12 BUTLERS ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Jul 2013. Using an estimated price of £547,023 means this house is valued at £5,018 per sq meter (£466 per sq foot).
The average size of a house on RUTHERFORD WAY is 108 sq meters (1,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Coney Croft | |
Mar 2024 | Anti-social behaviour | On or near Coney Croft |