£1,142,554
This estimated value is based upon the latest sale price for the house of £1,125,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £1,125,000 | 28 Mar 2024 |
| £340,000 | 22 Mar 2001 |
| Detached |
| Freehold |
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 2024 the House Price Index for WEST SUSSEX was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £1,125,000 results in an estimated price of approximately £1,142,554.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £1,125,000 | £17,554 | £1,142,554 |
The Postcode Pricing Model uses changes in average sales price within the RH13 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 | 30.868 % | £347,260 | £1,472,260 |
| 3 Month Average | -2.259 % | £-25,414 | £1,099,585 |
| 6 Month Average | 4.945 % | £55,631 | £1,180,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £1,142,554 | £1,125,000 | GABLES DRAGONS LANE |
| 28 Mar 2024 | £1,421,845 | £1,400,000 | ASHBROOK SMITHERS HILL LANE |
| 15 Mar 2024 | £1,411,689 | £1,390,000 | SNAPPERS FIELD SHIPLEY ROAD |
| 12 Oct 2023 | £419,528 | £410,000 | 5 PONDTAIL COTTAGES COOLHAM ROAD |
| 2 Oct 2023 | £593,479 | £580,000 | 9 CHURCH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Dragons Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Dragons Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Dragons Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Smithers Hill Lane |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Close |