£449,720
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 28 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2013 the House Price Index for WEST SUSSEX was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £270,000 results in an estimated price of approximately £449,720.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £270,000 | £179,720 | £449,720 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | 31.731 % | £85,672 | £355,672 |
| 3 Month Average | 134.177 % | £362,278 | £632,278 |
| 6 Month Average | 84.692 % | £228,668 | £498,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £379,857 | £375,000 | 81 MEADOW DRIVE |
| 29 Aug 2023 | £857,502 | £850,000 | 45 FAWN RISE |
| 30 Jun 2023 | £425,150 | £420,000 | 52 FAWN RISE |
| 17 Feb 2023 | £379,694 | £379,950 | 7 MEADOW DRIVE |
| 9 Sep 2022 | £714,232 | £720,000 | 11 FAWN RISE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Aug 2013. Using an estimated price of £449,721 means this house is valued at £5,765 per sq meter (£535 per sq foot).
The average size of a house on MEADOW DRIVE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Hudson Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hudson Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hudson Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hudson Way |