£410,295
This estimated value is based upon the latest sale price for the house of £325,000 on 20 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£325,000 | 20 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 97 sq meters or 1,052 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 2018 the House Price Index for WEST SUSSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £325,000 results in an estimated price of approximately £410,295.
20 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £325,000 | £85,295 | £410,295 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | 16.475 % | £53,542 | £378,542 |
3 Month Average | 30.352 % | £98,645 | £423,645 |
6 Month Average | 15.907 % | £51,697 | £376,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £451,925 | £448,000 | 12 CHAPMAN WAY |
28 Mar 2023 | £254,246 | £250,000 | 23 CHAPMAN WAY |
7 Sep 2022 | £384,743 | £385,000 | FLAT 16 CAVENDISH HOUSE SOUTHDOWNS PARK |
1 Jul 2022 | £343,441 | £340,000 | WEST TOWER CAVENDISH HOUSE SOUTHDOWNS PARK |
23 Jun 2022 | £92,970 | £90,983 | 25 CHAPMAN WAY |
This house has a floor area of 97 sq meters or 1,052 sq feet when measured on 2 Aug 2009. Using an estimated price of £410,295 means this house is valued at £4,194 per sq meter (£389 per sq foot).
The average size of a house on SOUTHDOWNS PARK is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Under investigation | On or near Southdowns Park |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Southdowns Park |
Jun 2024 | Anti-social behaviour | On or near Southdowns Park | |
Jun 2024 | Anti-social behaviour | On or near Southdowns Park | |
Jun 2024 | Anti-social behaviour | On or near Southdowns Park |