£552,514
This estimated value is based upon the latest sale price for the house of £525,000 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 12 Jan 2022 |
| £367,000 | 7 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2022 the House Price Index for WEST SUSSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £525,000 results in an estimated price of approximately £552,514.
| 12 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £525,000 | £27,514 | £552,514 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | -0.466 % | £-2,443 | £522,556 |
| 3 Month Average | -6.322 % | £-33,192 | £491,807 |
| 6 Month Average | -11.143 % | £-58,500 | £466,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £542,299 | £535,000 | 8 SOUTHWAY |
| 29 Mar 2023 | £567,850 | £562,500 | 20 SOUTHWAY |
| 4 Nov 2022 | £553,298 | £560,000 | 28 SOUTHWAY |
| 22 Feb 2022 | £566,295 | £540,000 | 26 SOUTHWAY |
| 28 Jan 2022 | £552,514 | £525,000 | 16 FAIRWAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Jun 2020. Using an estimated price of £552,514 means this house is valued at £5,941 per sq meter (£551 per sq foot).
The average size of a house on SOUTHWAY is 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Humber Close |
| Feb 2024 | Anti-social behaviour | On or near The Blatchen | |
| Feb 2024 | Anti-social behaviour | On or near The Blatchen | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Blatchen |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Blatchen |