£240,303
This estimated value is based upon the latest sale price for the house of £223,000 on 2 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 |
|---|---|
| £223,000 | 2 Sep 2021 |
| £140,500 | 7 Apr 2006 |
| £90,000 | 31 Jul 2002 |
| £45,500 | 14 Mar 1997 |
| Terraced |
| 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 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 £223,000 results in an estimated price of approximately £240,303.
| 2 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £223,000 | £17,303 | £240,303 |
The Postcode Pricing Model uses changes in average sales price within the BN18 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 | -51.969 % | £-115,891 | £107,108 |
| 3 Month Average | -4.088 % | £-9,117 | £213,882 |
| 6 Month Average | -5.506 % | £-12,278 | £210,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £297,504 | £293,500 | 83 JOHNSON WAY |
| 30 Sep 2022 | £302,557 | £305,000 | 50 JOHNSON WAY |
| 7 Jul 2022 | £285,769 | £285,000 | 12 JUNCTION CLOSE |
| 25 May 2022 | £254,801 | £250,000 | 18 JUNCTION CLOSE |
| 21 Apr 2022 | £316,663 | £307,500 | 21 MILES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Johnson Way |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Junction Close |
| Mar 2024 | Drugs | Under investigation | On or near Drake Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Drake Grove |