£1,030,226
This estimated value is based upon the latest sale price for the house of £725,000 on 30 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £725,000 | 30 Jul 2015 |
| £415,000 | 11 Jun 2004 |
| £173,000 | 12 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 July 2015 the House Price Index for WEST SUSSEX was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £725,000 results in an estimated price of approximately £1,030,226.
| 30 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £725,000 | £305,226 | £1,030,226 |
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 | 4.075 % | £29,543 | £754,543 |
| 3 Month Average | 33.732 % | £244,553 | £969,553 |
| 6 Month Average | 31.364 % | £227,385 | £952,385 |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 12 May 2014.
The average size of a house on TOWER HILL is 195 sq meters (2,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Worthing Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Avery Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Avery Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alder Copse |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Granary Way |