£432,545
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Dec 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 | 12 Dec 2019 |
| £220,000 | 1 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £350,000 results in an estimated price of approximately £432,545.
| 12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £350,000 | £82,545 | £432,545 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | 44.468 % | £155,637 | £505,637 |
| 3 Month Average | 8.262 % | £28,916 | £378,916 |
| 6 Month Average | 6.727 % | £23,544 | £373,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £332,553 | £325,000 | 7 HOBLANDS |
| 21 Sep 2023 | £335,393 | £328,000 | 21 HOBLANDS |
| 8 Sep 2023 | £460,143 | £450,000 | 14 HOBLANDS |
| 16 Aug 2023 | £381,888 | £375,000 | 135 HOBLANDS |
| 11 Aug 2023 | £305,510 | £300,000 | 103 HOBLANDS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Nov 2019. Using an estimated price of £432,546 means this house is valued at £5,211 per sq meter (£484 per sq foot).
The average size of a house on FRANKLANDS VILLAGE is 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Nov 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Nov 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hoblands |