£297,614
This estimated value is based upon the latest sale price for the house of £235,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 15 Dec 2017 |
| £91,000 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2017 the House Price Index for WEST SUSSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £235,000 results in an estimated price of approximately £297,614.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £235,000 | £62,614 | £297,614 |
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 | 16.280 % | £38,258 | £273,258 |
| 3 Month Average | 17.069 % | £40,112 | £275,112 |
| 6 Month Average | 26.332 % | £61,881 | £296,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £277,409 | £275,000 | FIRST AND SECOND FLOOR FLAT 55 MILL ROAD |
| 15 Mar 2024 | £198,043 | £195,000 | 8 FOUNDRY COURT |
| 13 Oct 2023 | £214,880 | £210,000 | BASEMENT FLAT 59 MILL ROAD |
| 25 Aug 2023 | £330,969 | £325,000 | 1 OAK TREE COTTAGES MILL ROAD |
| 11 Aug 2023 | £239,316 | £235,000 | 6 FOUNDRY COURT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jun 2017. Using an estimated price of £297,615 means this house is valued at £4,800 per sq meter (£445 per sq foot).
The average size of a house on MILL ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Foundry Court |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Foundry Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foundry Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Middle Way |
| Oct 2024 | Drugs | Under investigation | On or near Middle Way |