£506,621
This estimated value is based upon the latest sale price for the house of £460,000 on 17 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Redwood Place
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| Price Paid | Date |
|---|---|
| £460,000 | 17 Aug 2021 |
| £290,000 | 30 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,060 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 2021 the House Price Index for WEST SUSSEX was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £460,000 results in an estimated price of approximately £506,621.
| 17 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £460,000 | £46,621 | £506,621 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | -65.306 % | £-300,409 | £159,590 |
| 3 Month Average | -20.011 % | £-92,051 | £367,948 |
| 6 Month Average | -9.182 % | £-42,235 | £417,764 |
This house has a floor area of 98 sq meters or 1,060 sq feet when measured on 6 Sep 2011.
The average size of a house on ALEXANDER CLOSE is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redwood Place |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Redwood Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marquis Way |
| Mar 2024 | Anti-social behaviour | On or near Aldwick Hundred | |
| Jan 2024 | Anti-social behaviour | On or near Grange Field Way |