£541,245
This estimated value is based upon the latest sale price for the house of £430,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 23 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 February 2018 the House Price Index for WEST SUSSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £430,000 results in an estimated price of approximately £541,245.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £430,000 | £111,245 | £541,245 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | 17.594 % | £75,652 | £505,652 |
| 3 Month Average | 31.952 % | £137,392 | £567,392 |
| 6 Month Average | 15.321 % | £65,881 | £495,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £353,066 | £350,000 | 2 CUTLERS CROFT |
| 22 Apr 2024 | £566,923 | £562,000 | 13 SOUTHVIEW TERRACE |
| 15 Dec 2023 | £747,984 | £725,000 | 27 BROOMFIELD ROAD |
| 30 Oct 2023 | £76,743 | £75,000 | THE STUDIO NEP TOWN ROAD |
| 4 Sep 2023 | £327,213 | £320,000 | 2 MILL END |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 15 Jun 2017. Using an estimated price of £541,245 means this house is valued at £4,100 per sq meter (£380 per sq foot).
The average size of a house on BROOMFIELD ROAD is 138 sq meters (1,486 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Nep Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackgate Lane |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Weavers Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |