£283,162
This estimated value is based upon the latest sale price for the house of £173,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £173,000 | 1 Nov 2013 |
| £180,000 | 17 Jan 2008 |
| £125,500 | 28 Nov 2003 |
| £30,000 | 12 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2013 the House Price Index for WEST SUSSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £173,000 results in an estimated price of approximately £283,162.
| 1 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £173,000 | £110,162 | £283,162 |
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 | 87.562 % | £151,482 | £324,482 |
| 3 Month Average | 82.217 % | £142,234 | £315,234 |
| 6 Month Average | 65.493 % | £113,302 | £286,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £389,897 | £380,000 | 53 PENHILL ROAD |
| 6 Jun 2023 | £216,846 | £212,500 | 61 PENHILL ROAD |
| 4 Apr 2023 | £193,622 | £190,000 | FLAT 5 KATHERINES LODGE, 79 - 81 PENHILL ROAD |
| 10 Mar 2023 | £132,208 | £130,000 | FLAT 4 HAZELWOOD LODGE, 85 PENHILL ROAD |
| 20 Jan 2023 | £153,410 | £153,000 | FLAT 1 OAKLANDS, 83 PENHILL ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Apr 2013. Using an estimated price of £283,162 means this house is valued at £3,826 per sq meter (£355 per sq foot).
The average size of a house on PENHILL ROAD is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |
| Sep 2024 | Public order | Under investigation | On or near Penhill Road |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Penhill Road |