£356,550
This estimated value is based upon the latest sale price for the house of £347,500 on 24 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 |
|---|---|
| £347,500 | 24 Nov 2023 |
| Semi-Detached |
| Freehold |
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 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £347,500 results in an estimated price of approximately £356,550.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £347,500 | £9,050 | £356,550 |
The Postcode Pricing Model uses changes in average sales price within the BN12 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 | -14.658 % | £-50,937 | £296,562 |
| 3 Month Average | -18.883 % | £-65,618 | £281,881 |
| 6 Month Average | -11.277 % | £-39,188 | £308,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £403,504 | £400,000 | 7 DERWENT DRIVE |
| 24 Nov 2023 | £356,551 | £347,500 | 42 WINDERMERE CRESCENT |
| 8 Sep 2022 | £429,713 | £430,000 | 3 CONISTON ROAD |
| 18 Aug 2022 | £552,584 | £550,000 | 14 KESWICK CLOSE |
| 22 Jul 2022 | £563,143 | £557,500 | 2 WINDERMERE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Derwent Drive |
| Sep 2024 | Other theft | Under investigation | On or near Derwent Drive |
| Sep 2024 | Possession of weapons | Under investigation | On or near Derwent Drive |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Derwent Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Derwent Drive |