£359,289
This estimated value is based upon the latest sale price for the house of £193,000 on 31 Mar 2005. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£193,000 | 31 Mar 2005 |
£90,000 | 23 Oct 1998 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 March 2005 the House Price Index for WEST SUSSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £193,000 results in an estimated price of approximately £359,289.
31 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £193,000 | £166,289 | £359,289 |
The Postcode Pricing Model uses changes in average sales price within the GU29 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 | 68.698 % | £132,587 | £325,587 |
3 Month Average | 10.314 % | £19,906 | £212,906 |
6 Month Average | 24.673 % | £47,618 | £240,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £428,751 | £425,000 | 9 HEATHFIELD PARK |
7 Aug 2023 | £244,136 | £242,000 | 42 OAKWOOD CLOSE |
24 Jul 2023 | £337,036 | £332,500 | 38 OAKWOOD CLOSE |
6 Jun 2023 | £289,507 | £286,000 | 27 OAKWOOD CLOSE |
28 Mar 2023 | £121,141 | £120,000 | 25 OAKWOOD CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Aug 2019. Using an estimated price of £359,290 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on OAKWOOD CLOSE is 53 sq meters (572 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mead Way |
Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Bridgefield Close |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Bridgefield Close |