£301,911
This estimated value is based upon the latest sale price for the house of £129,000 on 31 Jul 2003. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Norman Close
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| Price Paid | Date |
|---|---|
| £129,000 | 31 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2003 the House Price Index for WEST SUSSEX was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £129,000 results in an estimated price of approximately £301,911.
| 31 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £129,000 | £172,911 | £301,911 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 46.370 % | £59,817 | £188,817 |
| 3 Month Average | 90.067 % | £116,185 | £245,185 |
| 6 Month Average | 89.128 % | £114,975 | £243,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £211,499 | £205,000 | 41 STANHOPE ROAD |
| 10 Mar 2023 | £320,350 | £315,000 | 12 STANHOPE ROAD |
| 8 Jul 2022 | £555,567 | £550,000 | 37 ST FLORAS ROAD |
| 29 Apr 2022 | £265,580 | £256,000 | 18 STANHOPE ROAD |
| 5 Nov 2021 | £280,007 | £257,000 | 51 STANHOPE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jul 2016. Using an estimated price of £301,912 means this house is valued at £3,773 per sq meter (£350 per sq foot).
The average size of a house on STANHOPE ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Norman Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Norman Close |
| Aug 2024 | Drugs | Under investigation | On or near Norman Close |