£338,701
This estimated value is based upon the latest sale price for the house of £290,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 2 Nov 2020 |
| £167,000 | 22 Oct 2010 |
| £76,000 | 29 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2020 the House Price Index for WEST SUSSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £290,000 results in an estimated price of approximately £338,701.
| 2 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £290,000 | £48,701 | £338,701 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | 4.481 % | £12,995 | £302,995 |
| 3 Month Average | 6.928 % | £20,090 | £310,090 |
| 6 Month Average | 12.342 % | £35,791 | £325,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £277,409 | £275,000 | FIRST AND SECOND FLOOR FLAT 55 MILL ROAD |
| 15 Mar 2024 | £198,043 | £195,000 | 8 FOUNDRY COURT |
| 13 Oct 2023 | £214,880 | £210,000 | BASEMENT FLAT 59 MILL ROAD |
| 25 Aug 2023 | £330,969 | £325,000 | 1 OAK TREE COTTAGES MILL ROAD |
| 11 Aug 2023 | £239,316 | £235,000 | 6 FOUNDRY COURT |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Jun 2019. Using an estimated price of £338,701 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on MILL ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Foundry Court |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Foundry Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middle Way |
| Oct 2024 | Drugs | Under investigation | On or near Middle Way |