£343,891
This estimated value is based upon the latest sale price for the house of £337,000 on 1 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £337,000 | 1 Jun 2023 |
| £280,000 | 5 Jan 2018 |
| £194,999 | 2 Dec 2011 |
| £95,000 | 18 Aug 2000 |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 June 2023 the House Price Index for WEST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £337,000 results in an estimated price of approximately £343,891.
| 1 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £337,000 | £6,891 | £343,891 |
The Postcode Pricing Model uses changes in average sales price within the GU29 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 | -63.468 % | £-213,888 | £123,111 |
| 3 Month Average | 13.271 % | £44,723 | £381,723 |
| 6 Month Average | 26.829 % | £90,414 | £427,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £175,389 | £170,000 | FLAT 30 TURNER HOUSE ST MARGARETS WAY |
| 30 Nov 2023 | £310,892 | £303,000 | 45 PETERSFIELD ROAD |
| 4 Aug 2023 | £330,969 | £325,000 | 4 COBDEN ROAD |
| 1 Jun 2023 | £343,892 | £337,000 | FLAT 2 51 PETERSFIELD ROAD |
| 3 Mar 2023 | £127,123 | £125,000 | 2 PETERSFIELD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Jul 2020. Using an estimated price of £343,892 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on PETERSFIELD ROAD is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Margarets Way |
| Sep 2024 | Other theft | Under investigation | On or near Petrol Station |
| Aug 2024 | Public order | Under investigation | On or near Police Station |
| Oct 2024 | Vehicle crime | Under investigation | On or near Ashfield Road |
| Aug 2024 | Other theft | Under investigation | On or near Ashfield Road |