£405,844
This estimated value is based upon the latest sale price for the house of £387,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £387,000 | 21 Feb 2022 |
| £147,000 | 30 Apr 2003 |
| £51,500 | 11 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2022 the House Price Index for WEST SUSSEX was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £387,000 results in an estimated price of approximately £405,844.
| 21 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £387,000 | £18,844 | £405,844 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | -7.946 % | £-30,750 | £356,249 |
| 3 Month Average | -4.558 % | £-17,640 | £369,359 |
| 6 Month Average | 3.682 % | £14,247 | £401,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £199,688 | £197,000 | 31 THORN ROAD |
| 26 May 2022 | £117,209 | £115,000 | FLAT 22 MILTON COURT MILTON ROAD |
| 31 Mar 2022 | £145,077 | £140,000 | FLAT 16 MILTON COURT MILTON ROAD |
| 21 Feb 2022 | £405,845 | £387,000 | 24 THORN ROAD |
| 16 Dec 2021 | £232,489 | £217,000 | FLAT 7 THE PARAGON 9-10 BRUNSWICK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Jun 2013. Using an estimated price of £405,845 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on THORN ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thorn Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thorn Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thorn Road |