£381,570
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Jun 2010 |
| £126,000 | 6 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 464 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 June 2010 the House Price Index for WEST SUSSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £225,000 results in an estimated price of approximately £381,570.
| 17 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £225,000 | £156,570 | £381,570 |
The Postcode Pricing Model uses changes in average sales price within the BN44 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 | 83.467 % | £187,799 | £412,799 |
| 3 Month Average | 82.789 % | £186,275 | £411,275 |
| 6 Month Average | 63.582 % | £143,059 | £368,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £786,646 | £775,000 | 51 PENFOLD WAY |
| 5 Jul 2023 | £314,229 | £310,000 | FLAT 4 WHEAT HOUSE GORING COURT |
| 9 Feb 2023 | £312,040 | £312,250 | FLAT 2 WHEAT HOUSE GORING COURT |
| 27 Jan 2023 | £562,351 | £565,000 | 1 BRAMBER ROAD |
| 27 Oct 2022 | £603,502 | £610,000 | 16 PENFOLD WAY |
This house has a floor area of 43 sq meters or 464 sq feet when measured on 12 Apr 2010. Using an estimated price of £381,571 means this house is valued at £8,842 per sq meter (£821 per sq foot).
The average size of a house on PENLANDS WAY is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penlands Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Penlands Way |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Goring Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Perrots Lane |
| Mar 2024 | Other theft | Under investigation | On or near Sheep Pen Lane |