£550,166
This estimated value is based upon the latest sale price for the house of £126,000 on 19 Jul 1999. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £126,000 | 19 Jul 1999 |
| £81,000 | 6 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 1999 the House Price Index for WEST SUSSEX was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £126,000 results in an estimated price of approximately £550,166.
| 19 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £126,000 | £424,166 | £550,166 |
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 | 451.415 % | £568,783 | £694,783 |
| 3 Month Average | 377.909 % | £476,164 | £602,164 |
| 6 Month Average | 381.307 % | £480,446 | £606,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £540,000 | £540,000 | 70 THE MEADWAY |
| 12 Oct 2023 | £573,014 | £560,000 | 17 CHEAL CLOSE |
| 12 Oct 2023 | £690,687 | £675,000 | 31 THE MEADWAY |
| 3 Aug 2023 | £501,037 | £492,000 | 17 THE MEADWAY |
| 27 Jan 2023 | £897,398 | £895,000 | 33 THE MEADWAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 5 Jan 2015. Using an estimated price of £550,167 means this house is valued at £5,239 per sq meter (£486 per sq foot).
The average size of a house on THE MEADWAY is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Meadway |
| Jun 2024 | Anti-social behaviour | On or near The Meadway | |
| Jun 2024 | Anti-social behaviour | On or near The Meadway | |
| Jul 2024 | Anti-social behaviour | On or near Cheal Close | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Riverside Road |