£430,697
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£350,000 | 16 Aug 2019 |
£270,000 | 22 May 2015 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £350,000 results in an estimated price of approximately £430,697.
16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £350,000 | £80,697 | £430,697 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | -51.069 % | £-178,743 | £171,256 |
3 Month Average | 5.396 % | £18,885 | £368,885 |
6 Month Average | 28.807 % | £100,823 | £450,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £413,618 | £410,000 | 25 STONEY LANE |
19 Jul 2023 | £405,457 | £400,000 | 9 FRANKLIN ROAD |
14 Jul 2023 | £359,843 | £355,000 | 10 ELIZABETH ROAD |
7 Feb 2022 | £591,464 | £564,000 | 16 KINGSTON BROADWAY |
20 Jan 2022 | £597,768 | £568,000 | 20 KINGSTON BROADWAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Jan 2015. Using an estimated price of £430,698 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on FRANKLIN ROAD is 82 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Franklin Road |
Mar 2024 | Public order | Under investigation | On or near King George Road |
Mar 2024 | Drugs | Under investigation | On or near King George Road |
Mar 2024 | Anti-social behaviour | On or near King George Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near King George Road |