Full Address

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

Estimated Market Value

£644,413

This estimated value is based upon the latest sale price for the house of £285,000 on 18 Jun 2002. 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
£285,00018 Jun 2002
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 June 2002 the House Price Index for WEST SUSSEX was 54.1.

The House Price Index as of 1 Dec 2019 is 122.4 which is a change of 126.110%.

Applying this 126.110% change to the original purchase price of £285,000 gives us an estimated price now of around £644,412.

18 Jun 2002 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
54.1 122.4 126.110 % £285,000 £359,412 £644,412

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 43.823 % £124,895 £409,895
3 Month Average 106.409 % £303,266 £588,266
6 Month Average 97.662 % £278,337 £563,337

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

In June 2002 the average sale price for the 50 nearest sales within two miles of 41 PENLAND ROAD was £169,231.

In September 2020 the average sale price for the 3 nearest sales was £581,696. This is a change of 243.729%.

So taking the original purchase price of £285,000 and adjusting it by 243.729% gives an estimated price of £979,627.

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

Average price on 18 Jun 2002 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£169,231 £581,696 243.729 % £285,000 £694,627 £979,627
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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