REGAL HOUSE, 47 FLAT 2 PENHILL ROAD

£326,862

Full Address

REGAL HOUSE, 47 FLAT 2 PENHILL ROAD
LANCING
WEST SUSSEX
UNITED KINGDOM
BN15 8FJ

Estimated Market Value

£326,862

This estimated value is based upon the latest sale price for the house of £313,107 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1

Is this your house?

Get our free house price tracker.

Local Estate Agents

Add your agency here
Transactions for this house
Price PaidDate
£313,10730 Mar 2022
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 2022 the House Price Index for WEST SUSSEX was 143.4.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.

Applying this 4.393% change to the original purchase price of £313,107 results in an estimated price of approximately £326,862.

30 Mar 2022 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
143.4 149.7 4.393 % £313,107 £13,755 £326,862

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 35.096 % £109,888 £422,995
3 Month Average 9.704 % £30,382 £343,489
6 Month Average 6.240 % £19,538 £332,645
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

Price Tracker

  • Receive an alert email on any changes which could affect the price of REGAL HOUSE, 47 FLAT 2 PENHILL ROAD.
  • Alert when a neighbour's house has been sold.
  • Warning when burglaries and other crimes occur in the neighbourhood.
  • Our email alert is totally free and can be easily canceled at anytime.