£574,147
This estimated value is based upon the latest sale price for the house of £521,000 on 19 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £521,000 | 19 Oct 2021 |
| £407,000 | 27 Sep 2017 |
| £291,200 | 7 Dec 2012 |
| £275,500 | 3 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 October 2021 the House Price Index for WEST SUSSEX was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £521,000 results in an estimated price of approximately £574,147.
| 19 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £521,000 | £53,147 | £574,147 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | 26.687 % | £139,037 | £660,037 |
| 3 Month Average | 0.119 % | £618 | £521,618 |
| 6 Month Average | 6.017 % | £31,346 | £552,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £754,270 | £740,000 | 42 OFFINGTON DRIVE |
| 1 Nov 2022 | £570,745 | £580,000 | 44 POULTERS LANE |
| 31 Jan 2022 | £497,875 | £475,000 | 53 OFFINGTON AVENUE |
| 19 Oct 2021 | £574,147 | £521,000 | 5 OFFINGTON DRIVE |
| 29 Sep 2021 | £944,452 | £880,000 | 50 OFFINGTON AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Sep 2020. Using an estimated price of £574,147 means this house is valued at £5,628 per sq meter (£522 per sq foot).
The average size of a house on OFFINGTON DRIVE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Poulter'S Lane |
| Feb 2024 | Anti-social behaviour | On or near Poulter'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Poulter'S Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Offington Avenue |
| Feb 2024 | Anti-social behaviour | On or near Poulter'S Lane |