£509,335
This estimated value is based upon the latest sale price for the house of £410,000 on 2 May 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £410,000 | 2 May 2018 |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 May 2018 the House Price Index for WEST SUSSEX was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £410,000 results in an estimated price of approximately £509,335.
| 2 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £410,000 | £99,335 | £509,335 |
The Postcode Pricing Model uses changes in average sales price within the RH19 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 | -12.120 % | £-49,690 | £360,309 |
| 3 Month Average | 14.628 % | £59,974 | £469,974 |
| 6 Month Average | 25.087 % | £102,857 | £512,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,006,118 | £1,000,000 | UPLANDS WEST PORTLAND ROAD |
| 3 Apr 2023 | £473,519 | £470,000 | 31 MALLARD PLACE |
| 13 Jun 2022 | £464,711 | £460,001 | 35 MALLARD PLACE |
| 1 Jun 2022 | £169,720 | £168,000 | FLAT 8 PORTLAND HOUSE PORTLAND ROAD |
| 25 Jan 2022 | £471,671 | £450,000 | 16 MALLARD PLACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Aug 2017. Using an estimated price of £509,336 means this house is valued at £5,305 per sq meter (£492 per sq foot).
The average size of a house on HERMITAGE LANE is 159 sq meters (1,719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rise |
| Mar 2024 | Anti-social behaviour | On or near Portland Road | |
| Mar 2024 | Anti-social behaviour | On or near Portland Road | |
| Feb 2024 | Anti-social behaviour | On or near Portland Road | |
| Feb 2024 | Anti-social behaviour | On or near Portland Road |