£386,979
This estimated value is based upon the latest sale price for the house of £380,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 30 Aug 2023 |
| £300,000 | 30 Jan 2020 |
| £220,000 | 30 May 2008 |
| £68,000 | 2 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2023 the House Price Index for WEST SUSSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £380,000 results in an estimated price of approximately £386,979.
| 30 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £380,000 | £6,979 | £386,979 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | -12.659 % | £-48,104 | £331,895 |
| 3 Month Average | -8.561 % | £-32,531 | £347,468 |
| 6 Month Average | 2.481 % | £9,427 | £389,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £158,602 | £155,000 | 24 OWLSCASTLE CLOSE |
| 21 Sep 2023 | £399,814 | £391,000 | 109 HEATH WAY |
| 30 Aug 2023 | £386,980 | £380,000 | 89 HEATH WAY |
| 21 Apr 2023 | £224,193 | £220,000 | 29 OWLSCASTLE CLOSE |
| 27 Jul 2022 | £522,738 | £517,500 | 14 PONDTAIL PARK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Oct 2019. Using an estimated price of £386,980 means this house is valued at £5,775 per sq meter (£536 per sq foot).
The average size of a house on HEATH WAY is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Owlscastle Close |
| Aug 2024 | Vehicle crime | Under investigation | On or near Owlscastle Close |
| Jul 2024 | Anti-social behaviour | On or near Pondtail Close | |
| Jul 2024 | Anti-social behaviour | On or near Pondtail Close | |
| Jul 2024 | Anti-social behaviour | On or near Pondtail Close |