£616,727
This estimated value is based upon the latest sale price for the house of £499,950 on 10 Dec 2018. 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 Oakwood Road
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| Price Paid | Date |
|---|---|
| £499,950 | 10 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2018 the House Price Index for WEST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £499,950 results in an estimated price of approximately £616,727.
| 10 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £499,950 | £116,777 | £616,727 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | -27.278 % | £-136,376 | £363,573 |
| 3 Month Average | 22.335 % | £111,663 | £611,613 |
| 6 Month Average | 13.651 % | £68,249 | £568,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £431,387 | £425,000 | 43 RAVENSWOOD ROAD |
| 28 Mar 2023 | £368,471 | £365,000 | 7 FISHTAIL ROAD |
| 18 Nov 2022 | £553,298 | £560,000 | 16 ALEXANDRA ROAD |
| 7 Nov 2022 | £469,315 | £475,000 | 15 TINCHURCH DRIVE |
| 20 Jun 2022 | £377,840 | £372,500 | 13 RAVENSWOOD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Sep 2018. Using an estimated price of £616,728 means this house is valued at £6,560 per sq meter (£609 per sq foot).
The average size of a house on INHOLMES CLOSE is 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Oakwood Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fishtail Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fishtail Road |
| Mar 2024 | Anti-social behaviour | On or near Fishtail Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fishtail Road |