£786,646
This estimated value is based upon the latest sale price for the house of £775,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £775,000 | 1 Nov 2023 |
| £380,000 | 1 Oct 2004 |
| Detached |
| Freehold |
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 November 2023 the House Price Index for WEST SUSSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £775,000 results in an estimated price of approximately £786,646.
| 1 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £775,000 | £11,646 | £786,646 |
The Postcode Pricing Model uses changes in average sales price within the BN44 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 | 49.116 % | £380,645 | £1,155,645 |
| 3 Month Average | 39.825 % | £308,643 | £1,083,643 |
| 6 Month Average | 6.258 % | £48,501 | £823,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £786,646 | £775,000 | 51 PENFOLD WAY |
| 27 Oct 2022 | £603,502 | £610,000 | 16 PENFOLD WAY |
| 28 Jul 2022 | £411,107 | £410,000 | 1 PENFOLD WAY |
| 11 Feb 2022 | £445,695 | £425,000 | 11A PENFOLD WAY |
| 31 Jan 2022 | £1,141,863 | £1,085,000 | THE GRANARY DOG LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Perrots Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penlands Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Penlands Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Newham Close |
| Mar 2024 | Other theft | Under investigation | On or near Sheep Pen Lane |