£593,747
This estimated value is based upon the latest sale price for the house of £482,500 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £482,500 | 12 Aug 2019 |
| £326,000 | 12 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £482,500 results in an estimated price of approximately £593,747.
| 12 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £482,500 | £111,247 | £593,747 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | -4.014 % | £-19,366 | £463,133 |
| 3 Month Average | -15.447 % | £-74,529 | £407,970 |
| 6 Month Average | 4.058 % | £19,578 | £502,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £318,065 | £312,500 | 16 GOOSEGREEN CLOSE |
| 30 Aug 2023 | £383,354 | £380,000 | 89 HEATH WAY |
| 21 Apr 2023 | £222,395 | £220,000 | 29 OWLSCASTLE CLOSE |
| 12 Jan 2023 | £420,021 | £422,000 | 25 AMUNDSEN ROAD |
| 23 Nov 2021 | £340,677 | £315,000 | 37 OWLSCASTLE CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 4 Jan 2019. Using an estimated price of £593,748 means this house is valued at £5,997 per sq meter (£557 per sq foot).
The average size of a house on HEATH WAY is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Holmbush Close | |
| Jan 2024 | Anti-social behaviour | On or near Holmbush Close | |
| Jan 2024 | Anti-social behaviour | On or near Holmbush Close | |
| Mar 2024 | Drugs | Local resolution | On or near Pondtail Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pondtail Park |