£615,551
This estimated value is based upon the latest sale price for the house of £498,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£498,000 | 20 Sep 2019 |
£308,500 | 14 Mar 2006 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 September 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 23.605%.Applying this 23.605% change to the original purchase price of £498,000 results in an estimated price of approximately £615,551.
20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £498,000 | £117,551 | £615,551 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | 19.809 % | £98,648 | £596,648 |
3 Month Average | 32.133 % | £160,021 | £658,021 |
6 Month Average | 20.350 % | £101,340 | £599,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £529,599 | £525,000 | 26 POULTERS LANE |
30 Jun 2023 | £535,736 | £525,000 | 14 GORSE AVENUE |
27 Mar 2023 | £574,596 | £565,000 | 25 POULTERS LANE |
17 Feb 2023 | £221,479 | £220,000 | 17 EATON COURT GORSE AVENUE |
29 Mar 2022 | £490,649 | £470,000 | 39 POULTERS LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 4 Dec 2017. Using an estimated price of £615,551 means this house is valued at £6,155 per sq meter (£571 per sq foot).
The average size of a house on GORSE AVENUE is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Offington Court |
Jul 2024 | Anti-social behaviour | On or near Poulter'S Lane | |
Jul 2024 | Bicycle theft | Unable to prosecute suspect | On or near Poulter'S Lane |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poulter'S Lane |
Jul 2024 | Anti-social behaviour | On or near Poulter'S Lane |