£176,533
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Apr 2024. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near Stonefield Way
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Price Paid | Date |
---|---|
£175,000 | 8 Apr 2024 |
£124,999 | 22 May 2014 |
£117,500 | 16 Dec 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 April 2024 the House Price Index for WEST SUSSEX was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £175,000 results in an estimated price of approximately £176,533.
8 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £175,000 | £1,533 | £176,533 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | -2.727 % | £-4,772 | £170,227 |
3 Month Average | -2.434 % | £-4,258 | £170,741 |
6 Month Average | -0.396 % | £-693 | £174,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £176,533 | £175,000 | 8 STONEFIELD WAY |
23 Oct 2023 | £755,151 | £738,000 | 16 LONDON ROAD |
23 Jun 2023 | £316,339 | £310,000 | 33 STONEFIELD WAY |
28 Apr 2023 | £371,957 | £365,000 | 78 STONEFIELD WAY |
6 Apr 2023 | £338,328 | £332,000 | 26 CHILTINGTON CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 9 Oct 2009. Using an estimated price of £176,533 means this house is valued at £3,677 per sq meter (£341 per sq foot).
The average size of a house on STONEFIELD WAY is 54 sq meters (581 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Under investigation | On or near Stonefield Way |
Aug 2024 | Burglary | Under investigation | On or near Stonefield Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stonefield Way |
Jun 2024 | Anti-social behaviour | On or near Stonefield Way | |
Jun 2024 | Anti-social behaviour | On or near Stonefield Way |