£535,736
This estimated value is based upon the latest sale price for the house of £525,000 on 2 Jun 2023. 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 Penny Acre
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| Price Paid | Date |
|---|---|
| £525,000 | 2 Jun 2023 |
| £499,950 | 15 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2023 the House Price Index for WEST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £525,000 results in an estimated price of approximately £535,736.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £525,000 | £10,736 | £535,736 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 60.213 % | £316,118 | £841,118 |
| 3 Month Average | 7.231 % | £37,963 | £562,963 |
| 6 Month Average | 12.403 % | £65,113 | £590,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £398,552 | £389,500 | 50 LONGLEY ROAD |
| 31 Aug 2023 | £264,775 | £260,000 | 138 LONGLEY ROAD |
| 2 Jun 2023 | £535,736 | £525,000 | 35 PENNY ACRE |
| 8 Feb 2023 | £84,565 | £84,000 | 116 LONGLEY ROAD |
| 31 Jan 2022 | £461,186 | £435,000 | 51 LONGLEY ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 1 Sep 2015. Using an estimated price of £535,736 means this house is valued at £3,968 per sq meter (£368 per sq foot).
The average size of a house on PENNY ACRE is 133 sq meters (1,434 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penny Acre |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penny Acre |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Penny Acre |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Penny Acre |
| Jun 2024 | Anti-social behaviour | On or near Connolly Way |