£1,440,464
This estimated value is based upon the latest sale price for the house of £949,999 on 16 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £949,999 | 16 Sep 2014 |
| £342,500 | 6 Oct 1999 |
| £220,000 | 17 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 328 sq meters or 3,530 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 2014 the House Price Index for WEST SUSSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £949,999 results in an estimated price of approximately £1,440,464.
| 16 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £949,999 | £490,465 | £1,440,464 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | 22.043 % | £209,412 | £1,159,411 |
| 3 Month Average | 30.507 % | £289,816 | £1,239,815 |
| 6 Month Average | 31.184 % | £296,244 | £1,246,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £747,984 | £725,000 | 27 BROOMFIELD ROAD |
| 30 Oct 2023 | £76,743 | £75,000 | THE STUDIO NEP TOWN ROAD |
| 17 Oct 2023 | £588,363 | £575,000 | 7 CHANCTONBURY VIEW |
| 4 Sep 2023 | £327,213 | £320,000 | 2 MILL END |
| 30 Jun 2023 | £739,826 | £725,000 | UNIT 1 VINALLS BUSINESS CENTRE |
This house has a floor area of 328 sq meters or 3,530 sq feet when measured on 30 Jun 2014. Using an estimated price of £1,440,465 means this house is valued at £4,391 per sq meter (£407 per sq foot).
The average size of a house on BROOMFIELD ROAD is 138 sq meters (1,486 sq feet).
This house is the largest in the street with a floor area of 328 sq meters (3,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Nep Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackgate Lane |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Weavers Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Windmill Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |