Full Address

23 PENLAND ROAD
HAYWARDS HEATH
WEST SUSSEX
UNITED KINGDOM
RH16 1PP

Estimated Market Value

£550,100

This estimated value is based upon the latest sale price for the house of £338,000 on 7 Jul 2009. This value is then adjusted by the current Official House Price Index for WEST SUSSEX1

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Transactions for this house
Price PaidDate
£338,0007 Jul 2009
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 July 2009 the House Price Index for WEST SUSSEX was 75.2.

The House Price Index as of 1 Dec 2019 is 122.4 which is a change of 62.751%.

Applying this 62.751% change to the original purchase price of £338,000 gives us an estimated price now of around £550,099.

7 Jul 2009 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
75.2 122.4 62.751 % £338,000 £212,099 £550,099

The Postcode Pricing Model uses changes in average sales price within the RH16 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 5.681 % £19,203 £357,203
3 Month Average 59.372 % £200,676 £538,676
6 Month Average 46.915 % £158,572 £496,572

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In July 2009 the average sale price for the 50 nearest sales within two miles of 23 PENLAND ROAD was £226,323.

In September 2020 the average sale price for the 3 nearest sales was £581,696. This is a change of 157.020%.

So taking the original purchase price of £338,000 and adjusting it by 157.020% gives an estimated price of £868,728.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 7 Jul 2009 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£226,323 £581,696 157.020 % £338,000 £530,728 £868,728
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
25 Jul 2019 £366,853 £360,000 29B PASTURE HILL ROAD
13 Jun 2019 £546,253 £535,000 51 HARLANDS ROAD
13 Jun 2019 £426,282 £417,500 67 PASTURE HILL ROAD
30 Apr 2019 £679,854 £660,000 37 PENLAND ROAD
28 Sep 2018 £517,868 £520,000 14 HARLANDS CLOSE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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