£2,059,598
This estimated value is based upon the latest sale price for the house of £2,000,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £2,000,000 | 1 Apr 2022 |
| £2,000,000 | 1 Apr 2022 |
| 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 April 2022 the House Price Index for WEST SUSSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £2,000,000 results in an estimated price of approximately £2,059,598.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £2,000,000 | £59,598 | £2,059,598 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | -53.347 % | £-1,066,936 | £933,063 |
| 3 Month Average | -10.524 % | £-210,474 | £1,789,525 |
| 6 Month Average | -0.527 % | £-10,543 | £1,989,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £114,698 | £113,000 | FLAT 12 OAKLAND COURT GRATWICKE ROAD |
| 15 Sep 2023 | £87,114 | £86,000 | FLAT 40 OAKLAND COURT GRATWICKE ROAD |
| 14 Jul 2023 | £167,251 | £165,000 | FLAT 66 CAMBOURNE COURT, 24 SHELLEY ROAD |
| 21 Apr 2023 | £2,072,313 | £2,050,000 | 33 GRATWICKE ROAD |
| 28 Oct 2022 | £237,443 | £240,000 | FLAT 108 CAMBOURNE COURT, 24 SHELLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Gratwicke Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gratwicke Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Gratwicke Road |
| Mar 2024 | Public order | Under investigation | On or near Crescent Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crescent Road |