£456,899
This estimated value is based upon the latest sale price for the house of £262,500 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £262,500 | 23 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 974 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 September 2011 the House Price Index for WEST SUSSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £262,500 results in an estimated price of approximately £456,899.
| 23 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £262,500 | £194,399 | £456,899 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 110.591 % | £290,300 | £552,800 |
| 3 Month Average | 100.795 % | £264,587 | £527,087 |
| 6 Month Average | 83.107 % | £218,156 | £480,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £282,162 | £275,000 | FLAT 2 38 CRABTREE LANE |
| 17 Aug 2023 | £397,163 | £390,000 | 22 ORCHARD AVENUE |
| 30 Jun 2023 | £275,521 | £270,000 | 18 CRABTREE LANE |
| 23 Jan 2023 | £335,898 | £335,000 | 15 ABBOTS WAY |
| 25 Aug 2022 | £509,382 | £507,000 | 127 GRINSTEAD LANE |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 12 Jan 2011. Using an estimated price of £456,899 means this house is valued at £5,045 per sq meter (£468 per sq foot).
The average size of a house on GRINSTEAD LANE is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grinstead Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grinstead Avenue |
| Oct 2024 | Anti-social behaviour | On or near Grinstead Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Grinstead Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Grinstead Avenue |