£540,433
This estimated value is based upon the latest sale price for the house of £500,000 on 16 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£500,000 | 16 Jun 2021 |
£360,000 | 29 Jan 2010 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,202 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 June 2021 the House Price Index for WEST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £500,000 results in an estimated price of approximately £540,433.
16 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £500,000 | £40,433 | £540,433 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | 35.602 % | £178,009 | £678,009 |
3 Month Average | 21.546 % | £107,729 | £607,729 |
6 Month Average | 19.042 % | £95,211 | £595,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £543,804 | £530,000 | 65 CHESTNUT DRIVE |
26 Sep 2023 | £637,043 | £623,000 | 1 BIRCH WAY |
26 Sep 2023 | £475,482 | £465,000 | 3 BADGER CLOSE |
31 Aug 2022 | £477,232 | £475,000 | 4 OAK TREE DRIVE |
4 Jul 2022 | £833,350 | £825,000 | 71 GRAND AVENUE |
This house has a floor area of 111 sq meters or 1,202 sq feet when measured on 26 May 2009. Using an estimated price of £540,433 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on FOX CLOSE is 126 sq meters (1,365 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Bromley Close |
Nov 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Drive |
Nov 2024 | Vehicle crime | Under investigation | On or near Chestnut Drive |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Drive |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Drive |