£461,898
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Dec 1996. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £85,000 | 10 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 1996 the House Price Index for WEST SUSSEX was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £85,000 results in an estimated price of approximately £461,898.
| 10 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £85,000 | £376,898 | £461,898 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 490.286 % | £416,743 | £501,743 |
| 3 Month Average | 354.003 % | £300,902 | £385,902 |
| 6 Month Average | 357.503 % | £303,877 | £388,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £115,547 | £113,000 | FLAT 5 OAKLAND COURT NYETIMBER LANE |
| 18 Apr 2023 | £80,506 | £79,000 | FLAT 8 OAKLAND COURT NYETIMBER LANE |
| 15 Mar 2023 | £427,133 | £420,000 | 2 SPRINGFIELD |
| 24 Nov 2022 | £487,719 | £490,000 | 8 DOWNLANDS CLOSE |
| 31 Aug 2022 | £68,822 | £68,500 | FLAT 21 OAKLAND COURT NYETIMBER LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Aug 2021. Using an estimated price of £461,898 means this house is valued at £6,327 per sq meter (£587 per sq foot).
The average size of a house on SPRINGFIELD is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield |