£299,542
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 14 Apr 2020 |
| £136,500 | 11 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2020 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £245,000 results in an estimated price of approximately £299,542.
| 14 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £245,000 | £54,542 | £299,542 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 65.397 % | £160,221 | £405,221 |
| 3 Month Average | 19.546 % | £47,887 | £292,887 |
| 6 Month Average | 13.359 % | £32,729 | £277,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £256,560 | £255,000 | 36 ASH GROVE |
| 17 Aug 2022 | £273,154 | £275,000 | 26 CORBISHLEY ROAD |
| 8 Dec 2021 | £298,774 | £280,000 | 71 ASH GROVE |
| 8 Oct 2021 | £297,543 | £270,000 | 41 CHESTNUT GROVE |
| 29 Sep 2021 | £236,113 | £220,000 | 28B CORBISHLEY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 14 Oct 2019. Using an estimated price of £299,542 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on CHESTNUT GROVE is 88 sq meters (952 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Grove |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Corbishley Road |
| Apr 2024 | Other theft | Under investigation | On or near Lancaster Place |
| Mar 2024 | Drugs | Under investigation | On or near Lancaster Place |