£715,267
This estimated value is based upon the latest sale price for the house of £390,000 on 30 Jan 2009. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 30 Jan 2009 |
| £234,000 | 26 May 2000 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2009 the House Price Index for WEST SUSSEX was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £390,000 results in an estimated price of approximately £715,267.
| 30 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £390,000 | £325,267 | £715,267 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | 43.718 % | £170,499 | £560,499 |
| 3 Month Average | 36.553 % | £142,558 | £532,558 |
| 6 Month Average | 58.316 % | £227,431 | £617,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £445,291 | £437,500 | 3 TANBRIDGE PLACE |
| 27 Nov 2023 | £319,734 | £315,000 | FLAT 13 TANBRIDGE HOUSE TANBRIDGE PARK |
| 17 Nov 2023 | £441,537 | £435,000 | 15 TANBRIDGE PLACE |
| 10 Nov 2023 | £268,982 | £265,000 | 18 RIVER MEAD |
| 17 Aug 2023 | £408,665 | £405,090 | 5 TANBRIDGE PLACE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 Feb 2016. Using an estimated price of £715,268 means this house is valued at £7,373 per sq meter (£685 per sq foot).
The average size of a house on WORTHING ROAD is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worthing Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Worthing Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Worthing Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cricket Field Road |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Cricket Field Road |