£336,782
This estimated value is based upon the latest sale price for the house of £247,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Norman Close
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| Price Paid | Date |
|---|---|
| £247,500 | 31 Mar 2016 |
| £166,000 | 15 Sep 2006 |
| £78,000 | 16 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 2016 the House Price Index for WEST SUSSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £247,500 results in an estimated price of approximately £336,782.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £247,500 | £89,282 | £336,782 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 18.838 % | £46,624 | £294,124 |
| 3 Month Average | 29.918 % | £74,048 | £321,548 |
| 6 Month Average | 21.880 % | £54,153 | £301,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £211,499 | £205,000 | 41 STANHOPE ROAD |
| 10 Mar 2023 | £320,350 | £315,000 | 12 STANHOPE ROAD |
| 22 Nov 2022 | £16,423 | £16,500 | 31 HORSHAM ROAD |
| 8 Jul 2022 | £555,567 | £550,000 | 37 ST FLORAS ROAD |
| 29 Apr 2022 | £265,580 | £256,000 | 18 STANHOPE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Feb 2016. Using an estimated price of £336,782 means this house is valued at £6,123 per sq meter (£568 per sq foot).
The average size of a house on HORSHAM ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Norman Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Norman Close |
| Aug 2024 | Drugs | Under investigation | On or near Norman Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |