£530,222
This estimated value is based upon the latest sale price for the house of £310,000 on 4 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 4 Oct 2012 |
| £247,000 | 11 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 October 2012 the House Price Index for WEST SUSSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £310,000 results in an estimated price of approximately £530,222.
| 4 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £310,000 | £220,222 | £530,222 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 107.126 % | £332,089 | £642,089 |
| 3 Month Average | 87.542 % | £271,378 | £581,378 |
| 6 Month Average | 73.616 % | £228,210 | £538,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £332,553 | £325,000 | 2 SHADWELLS CLOSE |
| 25 Apr 2023 | £443,291 | £435,000 | 59 ORCHARD AVENUE |
| 24 Feb 2022 | £375,042 | £355,000 | 82 ORCHARD AVENUE |
| 11 Feb 2022 | £528,176 | £499,950 | 95 GRINSTEAD LANE |
| 30 Sep 2021 | £276,820 | £255,000 | 8 SHADWELLS CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 25 Jul 2012. Using an estimated price of £530,223 means this house is valued at £3,631 per sq meter (£337 per sq foot).
The average size of a house on GRINSTEAD LANE is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Shadwells Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shadwells Close |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Shadwells Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shadwells Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shadwells Close |