£230,370
This estimated value is based upon the latest sale price for the house of £175,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Old School Place
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| Price Paid | Date |
|---|---|
| £175,000 | 6 Jan 2017 |
| £119,000 | 17 Jun 2005 |
| £65,950 | 26 May 2000 |
| £27,500 | 31 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2017 the House Price Index for WEST SUSSEX was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £175,000 results in an estimated price of approximately £230,370.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £175,000 | £55,370 | £230,370 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | 75.282 % | £131,742 | £306,742 |
| 3 Month Average | 49.597 % | £86,794 | £261,794 |
| 6 Month Average | 30.830 % | £53,952 | £228,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £434,580 | £425,000 | 30 MEADOW LANE |
| 3 Feb 2023 | £340,273 | £338,000 | 305 LONDON ROAD |
| 7 Nov 2022 | £331,450 | £333,000 | 1 OSBORNE HOUSE, 120 STATION ROAD |
| 29 Jul 2022 | £484,858 | £480,000 | 46 MEADOW LANE |
| 2 Feb 2022 | £172,203 | £163,000 | 15 OLD SCHOOL PLACE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 7 Jun 2016. Using an estimated price of £230,370 means this house is valued at £5,906 per sq meter (£548 per sq foot).
The average size of a house on OLD SCHOOL PLACE is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Old School Place |
| May 2024 | Criminal damage and arson | Under investigation | On or near Old School Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Old School Place |
| Jul 2024 | Anti-social behaviour | On or near Gravett Court | |
| Jul 2024 | Anti-social behaviour | On or near Gravett Court |