£501,080
This estimated value is based upon the latest sale price for the house of £465,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £465,000 | 29 Sep 2021 |
| £225,950 | 28 Mar 2003 |
| £147,500 | 28 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 September 2021 the House Price Index for WEST SUSSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £465,000 results in an estimated price of approximately £501,080.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £465,000 | £36,080 | £501,080 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | -15.595 % | £-72,517 | £392,482 |
| 3 Month Average | -8.261 % | £-38,414 | £426,585 |
| 6 Month Average | -4.632 % | £-21,537 | £443,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £433,795 | £430,000 | 15 WEALD DRIVE |
| 18 Jul 2023 | £440,935 | £435,000 | 24 HYLANDS CLOSE |
| 27 Jan 2023 | £462,820 | £465,000 | 9 HYLANDS CLOSE |
| 6 Jan 2023 | £432,961 | £435,000 | 25 GREENACRES |
| 26 Aug 2022 | £473,725 | £475,000 | 28 WATERLEA |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 12 Jan 2015. Using an estimated price of £501,081 means this house is valued at £4,864 per sq meter (£451 per sq foot).
The average size of a house on WEALD DRIVE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Brunswick Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Brunswick Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Chase |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarmouth Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarmouth Close |