£293,930
This estimated value is based upon the latest sale price for the house of £155,000 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 26 Nov 2004 |
| £130,000 | 5 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2004 the House Price Index for WEST SUSSEX was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £155,000 results in an estimated price of approximately £293,930.
| 26 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £155,000 | £138,930 | £293,930 |
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 | 66.468 % | £103,025 | £258,025 |
| 3 Month Average | 76.665 % | £118,831 | £273,831 |
| 6 Month Average | 79.004 % | £122,456 | £277,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £281,883 | £280,000 | 2 STANFORD CLOSE |
| 24 Feb 2023 | £374,502 | £372,000 | ROSE COTTAGE SHRIPNEY ROAD |
| 21 Feb 2023 | £110,740 | £110,000 | 6 - 8 ARUN BUSINESS PARK |
| 2 Aug 2022 | £376,762 | £375,000 | 29 HIGHCROFT CRESCENT |
| 8 Jun 2022 | £229,915 | £225,000 | 47 IVY CRESCENT |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Jun 2019. Using an estimated price of £293,931 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on STANFORD CLOSE is 104 sq meters (1,127 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stanford Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brooks Lane West |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooks Lane West |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooks Lane West |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brooks Lane West |