£190,682
This estimated value is based upon the latest sale price for the house of £167,500 on 18 May 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £167,500 | 18 May 2021 |
| £158,000 | 3 Nov 2017 |
| £129,500 | 7 Dec 2007 |
| £106,000 | 29 Jul 2005 |
| £92,995 | 14 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2021 the House Price Index for WEST SUSSEX was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £167,500 results in an estimated price of approximately £190,682.
| 18 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £167,500 | £23,182 | £190,682 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 48.299 % | £80,900 | £248,400 |
| 3 Month Average | 27.306 % | £45,738 | £213,238 |
| 6 Month Average | 4.944 % | £8,280 | £175,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £177,020 | £173,000 | FLAT 5 RYECROFT COURT, 24 PENHILL ROAD |
| 28 Sep 2023 | £364,025 | £356,000 | 40 PENHILL ROAD |
| 18 Sep 2023 | £322,100 | £315,000 | 4 THE GROVELANDS |
| 12 Sep 2023 | £337,439 | £330,000 | REAR OF 1 CECIL ROAD |
| 12 Sep 2023 | £56,240 | £55,000 | THE BAKEHOUSE CECIL ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 27 Sep 2013. Using an estimated price of £190,683 means this house is valued at £4,333 per sq meter (£402 per sq foot).
The average size of a house on PENHILL ROAD is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ingleside Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ingleside Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhill Road |