£578,391
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Oct 2010. 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 | 4 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,235 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 2010 the House Price Index for WEST SUSSEX was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £340,000 results in an estimated price of approximately £578,391.
| 4 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £340,000 | £238,391 | £578,391 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | 2.752 % | £9,356 | £349,356 |
| 3 Month Average | 38.214 % | £129,928 | £469,928 |
| 6 Month Average | 66.700 % | £226,778 | £566,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £98,763 | £97,500 | FLAT 17 LAKER COURT GALES DRIVE |
| 2 Mar 2023 | £161,522 | £160,000 | FLAT 9 LAKER COURT GALES DRIVE |
| 1 Jun 2022 | £91,290 | £90,000 | FLAT 1 LAKER COURT GALES DRIVE |
| 14 Feb 2022 | £607,194 | £579,000 | 127 THREE BRIDGES ROAD |
| 4 Feb 2022 | £482,399 | £460,000 | 12 WEST WAY |
This house has a floor area of 114 sq meters or 1,235 sq feet when measured on 19 May 2010. Using an estimated price of £578,392 means this house is valued at £5,040 per sq meter (£468 per sq foot).
The average size of a house on GALES DRIVE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |