£426,624
This estimated value is based upon the latest sale price for the house of £298,500 on 24 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £298,500 | 24 Aug 2015 |
| £249,999 | 9 Jun 2009 |
| £142,000 | 14 Aug 2002 |
| £74,000 | 27 Mar 1996 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for WEST SUSSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £298,500 results in an estimated price of approximately £426,624.
| 24 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £298,500 | £128,124 | £426,624 |
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 | 42.651 % | £127,313 | £425,813 |
| 3 Month Average | 59.765 % | £178,398 | £476,898 |
| 6 Month Average | 42.016 % | £125,416 | £423,916 |
| 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 |
| 1 Jun 2023 | £308,740 | £305,000 | 5 SPRINGHILLS |
| 26 Jan 2023 | £620,079 | £623,000 | 21 HEWITTS |
| 25 Oct 2022 | £234,475 | £237,000 | 27 SPRINGHILLS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 5 May 2015. Using an estimated price of £426,624 means this house is valued at £5,332 per sq meter (£495 per sq foot).
The average size of a house on SPRINGHILLS is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Springhills |
| Mar 2024 | Other crime | Under investigation | On or near Barrow Hill |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Barrow Hill |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |