£524,398
This estimated value is based upon the latest sale price for the house of £319,000 on 23 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £319,000 | 23 Sep 2013 |
| £270,000 | 16 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2013 the House Price Index for WEST SUSSEX was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £319,000 results in an estimated price of approximately £524,398.
| 23 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £319,000 | £205,398 | £524,398 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 38.345 % | £122,319 | £441,319 |
| 3 Month Average | 19.167 % | £61,143 | £380,143 |
| 6 Month Average | 29.711 % | £94,777 | £413,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £396,945 | £390,000 | 23 THE OAKS |
| 15 Sep 2023 | £349,468 | £345,000 | 22 WESTMINSTER DRIVE |
| 17 Aug 2023 | £423,707 | £420,000 | 11 OLD PLACE |
| 25 Aug 2022 | £306,675 | £307,500 | 36 OLD PLACE |
| 14 Jul 2022 | £451,215 | £450,000 | 6 OLD PLACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Apr 2013. Using an estimated price of £524,398 means this house is valued at £6,027 per sq meter (£559 per sq foot).
The average size of a house on OLD PLACE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochester Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Hopgarton |
| Feb 2024 | Anti-social behaviour | On or near Stanbrok Close | |
| Feb 2024 | Anti-social behaviour | On or near Stanbrok Close |