£643,585
This estimated value is based upon the latest sale price for the house of £425,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£425,000 | 29 Aug 2014 |
£93,000 | 25 Jul 1996 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 2014 the House Price Index for WEST SUSSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £425,000 results in an estimated price of approximately £643,585.
29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £425,000 | £218,585 | £643,585 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | -10.635 % | £-45,197 | £379,802 |
3 Month Average | 66.118 % | £281,000 | £706,000 |
6 Month Average | 37.690 % | £160,183 | £585,183 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £396,945 | £390,000 | 2 CEDAR VIEW NEP TOWN ROAD |
28 Jul 2023 | £810,914 | £800,000 | OAK COTTAGE HEWITTS |
23 Feb 2023 | £839,435 | £840,000 | 2 PARK VILLAS CAGEFOOT LANE |
3 Feb 2023 | £179,879 | £180,000 | RAYNER COURT CAGEFOOT LANE |
26 Jan 2023 | £620,079 | £623,000 | 21 HEWITTS |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 11 Sep 2020. Using an estimated price of £643,585 means this house is valued at £4,950 per sq meter (£459 per sq foot).
The average size of a house on HEWITTS is 119 sq meters (1,289 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street |
Mar 2024 | Anti-social behaviour | On or near High Street | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Street |