£355,055
This estimated value is based upon the latest sale price for the house of £72,000 on 18 Dec 1997. 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 Stempswood Way
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| Price Paid | Date |
|---|---|
| £72,000 | 18 Dec 1997 |
| Terraced |
| Freehold |
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 December 1997 the House Price Index for WEST SUSSEX was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £72,000 results in an estimated price of approximately £355,055.
| 18 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £72,000 | £283,055 | £355,055 |
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 | 321.845 % | £231,728 | £303,728 |
| 3 Month Average | 349.909 % | £251,934 | £323,934 |
| 6 Month Average | 353.493 % | £254,515 | £326,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £264,236 | £263,000 | 15 WARREN WAY |
| 19 Aug 2022 | £331,550 | £330,000 | 75 FARNHURST ROAD |
| 10 Jun 2022 | £270,788 | £265,000 | 47 WARREN WAY |
| 20 May 2022 | £338,314 | £329,500 | 18 STEMPSWOOD WAY |
| 25 Mar 2022 | £307,960 | £295,000 | 85 FARNHURST ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stempswood Way |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Stempswood Way |
| Sep 2024 | Anti-social behaviour | On or near Nursery Close | |
| Sep 2024 | Anti-social behaviour | On or near Nursery Close | |
| Aug 2024 | Anti-social behaviour | On or near Nursery Close |