£398,848
This estimated value is based upon the latest sale price for the house of £340,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 22 Oct 2020 |
| £165,000 | 12 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 October 2020 the House Price Index for WEST SUSSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £340,000 results in an estimated price of approximately £398,848.
| 22 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £340,000 | £58,848 | £398,848 |
The Postcode Pricing Model uses changes in average sales price within the GU27 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 | -35.903 % | £-122,071 | £217,928 |
| 3 Month Average | -27.058 % | £-91,997 | £248,002 |
| 6 Month Average | -16.264 % | £-55,297 | £284,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £456,762 | £450,000 | 7 HEATH ROAD |
| 4 Aug 2023 | £408,574 | £405,000 | 7 PEGASUS CLOSE |
| 23 Feb 2023 | £414,721 | £415,000 | 6 HEATH ROAD |
| 16 Feb 2023 | £464,687 | £465,000 | 1 HEATH ROAD |
| 16 Feb 2023 | £499,664 | £500,000 | WHITE COTTAGE COPSE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Jul 2020. Using an estimated price of £398,848 means this house is valued at £6,876 per sq meter (£638 per sq foot).
The average size of a house on PEGASUS CLOSE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Linchmere Road |
| Feb 2024 | Other theft | Under investigation | On or near Copse Road |
| Jan 2024 | Anti-social behaviour | On or near Hammer Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hammer Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hammer Lane |