£507,892
This estimated value is based upon the latest sale price for the house of £495,000 on 14 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 |
---|---|
£495,000 | 14 Nov 2023 |
£315,000 | 20 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 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 £495,000 results in an estimated price of approximately £507,892.
14 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £495,000 | £12,892 | £507,892 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | -22.634 % | £-112,039 | £382,960 |
3 Month Average | -5.638 % | £-27,908 | £467,091 |
6 Month Average | -5.773 % | £-28,576 | £466,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £454,446 | £450,500 | 40 BRAMLEY ROAD |
14 Dec 2023 | £394,626 | £382,500 | 48 BRAMLEY ROAD |
14 Nov 2023 | £507,892 | £495,000 | 44 CHARMANDEAN ROAD |
22 Sep 2023 | £475,482 | £465,000 | 41 BRAMLEY ROAD |
8 Jul 2022 | £383,432 | £379,590 | 26 SHANDON ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 28 Feb 2019. Using an estimated price of £507,892 means this house is valued at £5,706 per sq meter (£530 per sq foot).
The average size of a house on CHARMANDEAN ROAD is 130 sq meters (1,409 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Bramley Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Shandon Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shandon Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shandon Way |