£121,997
This estimated value is based upon the latest sale price for the house of £100,000 on 2 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£100,000 | 2 Jun 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 June 2020 the House Price Index for WEST SUSSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £100,000 results in an estimated price of approximately £121,997.
2 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £100,000 | £21,997 | £121,997 |
The Postcode Pricing Model uses changes in average sales price within the RH17 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 | 47.417 % | £47,417 | £147,417 |
3 Month Average | 22.555 % | £22,555 | £122,555 |
6 Month Average | 22.203 % | £22,202 | £122,202 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £546,802 | £530,000 | 3 CLOCKHOUSE COURTLANDS CHILLING STREET |
19 Oct 2023 | £2,031,131 | £1,985,000 | SMOCK FARTHING COTTAGE GOAT CROSS ROAD |
27 Jun 2023 | £1,377,607 | £1,350,000 | CHILLING STREET COTTAGE CHILLING STREET |
10 Nov 2021 | £604,683 | £555,000 | ROWAN COTTAGE BIRCH GROVE |
27 Sep 2021 | £922,734 | £850,000 | ARTS HOUSE PLAWHATCH LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Apr 2016. Using an estimated price of £121,998 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on GRAINGER WAY is 140 sq meters (1,510 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chilling Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Plawhatch Lane |
Jun 2024 | Drugs | Under investigation | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewes Road |