£487,535
This estimated value is based upon the latest sale price for the house of £368,500 on 21 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Riverside Road
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| Price Paid | Date |
|---|---|
| £368,500 | 21 Sep 2016 |
| £249,950 | 6 Dec 2007 |
| £60,000 | 17 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2016 the House Price Index for WEST SUSSEX was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £368,500 results in an estimated price of approximately £487,535.
| 21 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.0 | 32.303 % | £368,500 | £119,035 | £487,535 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 29.087 % | £107,186 | £475,686 |
| 3 Month Average | 0.943 % | £3,475 | £371,975 |
| 6 Month Average | 8.837 % | £32,564 | £401,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £892,457 | £881,000 | 64 RIVERSIDE ROAD |
| 3 Aug 2023 | £714,344 | £710,000 | 19 THE MEADWAY |
| 3 Aug 2023 | £495,010 | £492,000 | 17 THE MEADWAY |
| 1 Jun 2023 | £572,643 | £568,000 | LYN RIDGE, 28 RIVERSIDE ROAD |
| 7 Oct 2022 | £714,381 | £725,000 | 32 CHEAL CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jun 2016. Using an estimated price of £487,536 means this house is valued at £5,804 per sq meter (£539 per sq foot).
The average size of a house on CHEAL CLOSE is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Riverside Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferry Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferry Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ferry Road |