£425,080
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£285,000 | 15 Dec 2014 |
£196,000 | 31 Jan 2005 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2014 the House Price Index for WEST SUSSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £285,000 results in an estimated price of approximately £425,080.
15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £285,000 | £140,080 | £425,080 |
The Postcode Pricing Model uses changes in average sales price within the RH20 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 | 62.728 % | £178,775 | £463,775 |
3 Month Average | 35.022 % | £99,811 | £384,811 |
6 Month Average | 30.208 % | £86,094 | £371,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £601,764 | £596,500 | EGGARS POTTS LANE |
14 Apr 2023 | £655,053 | £648,000 | THE CREST RECTORY LANE |
14 Feb 2023 | £299,798 | £300,000 | KIRKLEA COTTAGE, 107 LOWER STREET |
27 Jan 2023 | £388,171 | £390,000 | 111 LOWER STREET |
10 Jun 2022 | £298,214 | £294,000 | 109 LOWER STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 Jan 2016. Using an estimated price of £425,081 means this house is valued at £6,251 per sq meter (£580 per sq foot).
The average size of a house on LOWER STREET is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Brooks Way |
Mar 2024 | Drugs | Under investigation | On or near Brooks Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooks Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rectory Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Lane |