£543,860
This estimated value is based upon the latest sale price for the house of £440,000 on 4 Sep 2019. 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 The Street
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| Price Paid | Date |
|---|---|
| £440,000 | 4 Sep 2019 |
| £385,000 | 15 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £440,000 results in an estimated price of approximately £543,860.
| 4 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £440,000 | £103,860 | £543,860 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | 6.935 % | £30,513 | £470,513 |
| 3 Month Average | 27.049 % | £119,017 | £559,017 |
| 6 Month Average | 18.502 % | £81,408 | £521,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £956,729 | £935,000 | HAMILTONS CHURCH LANE |
| 16 Oct 2023 | £511,620 | £500,000 | 18 REED CLOSE |
| 12 Jun 2023 | £448,998 | £440,000 | 13 BARN CLOSE |
| 5 Aug 2022 | £954,463 | £950,000 | MUSCARI HOUSE LEYFIELD |
| 23 May 2022 | £1,334,774 | £1,300,000 | FINCHES THE STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 1 Jul 2013. Using an estimated price of £543,860 means this house is valued at £4,183 per sq meter (£388 per sq foot).
The average size of a house on REED CLOSE is 139 sq meters (1,497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near The Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Street |
| Jul 2024 | Burglary | Under investigation | On or near The Street |
| Jul 2024 | Anti-social behaviour | On or near The Twitten | |
| Jul 2024 | Anti-social behaviour | On or near The Twitten |