£448,992
This estimated value is based upon the latest sale price for the house of £416,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£416,000 | 15 Dec 2021 |
£369,950 | 15 Jun 2018 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 December 2021 the House Price Index for WEST SUSSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £416,000 results in an estimated price of approximately £448,992.
15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £416,000 | £32,992 | £448,992 |
The Postcode Pricing Model uses changes in average sales price within the RH14 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 | -83.429 % | £-347,063 | £68,936 |
3 Month Average | -38.365 % | £-159,599 | £256,400 |
6 Month Average | -24.423 % | £-101,601 | £314,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £318,000 | £318,000 | 1 PUTTOCK WAY |
27 Oct 2023 | £552,550 | £540,000 | 11 PUTTOCK WAY |
27 Oct 2023 | £327,437 | £320,000 | 3 PUTTOCK WAY |
28 Sep 2023 | £424,355 | £415,000 | 22 THE ALDERS |
24 Nov 2022 | £258,790 | £260,000 | 7 THE ALDERS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 May 2018. Using an estimated price of £448,992 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on RHODES WAY is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Becks Way |
Jul 2024 | Theft from the person | Under investigation | On or near Becks Way |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Becks Way |
Jun 2024 | Violence and sexual offences | Local resolution | On or near Becks Way |
Jun 2024 | Anti-social behaviour | On or near Becks Way |