£155,578
This estimated value is based upon the latest sale price for the house of £115,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£115,000 | 13 May 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 May 2016 the House Price Index for WEST SUSSEX was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £115,000 results in an estimated price of approximately £155,578.
13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £115,000 | £40,578 | £155,578 |
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 | -12.584 % | £-14,471 | £100,528 |
3 Month Average | 14.488 % | £16,660 | £131,660 |
6 Month Average | 12.704 % | £14,609 | £129,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £827,183 | £820,000 | PHOENIX HOUSE RUTHERFORD WAY |
18 Dec 2023 | £392,047 | £380,000 | 10 - 11 RALEIGH COURT |
11 Dec 2023 | £350,779 | £340,000 | UNIT 11 RALEIGH COURT |
28 Nov 2023 | £266,045 | £259,292 | 8 PRIESTLEY WAY |
25 Jan 2023 | £135,362 | £135,000 | THE GREYHOUND |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 31 Mar 2016. Using an estimated price of £155,578 means this house is valued at £5,556 per sq meter (£516 per sq foot).
The average size of a house on GATWICK ROAD is 59 sq meters (635 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rutherford Way |
Jun 2024 | Public order | Under investigation | On or near Rutherford Way |
Jun 2024 | Public order | Under investigation | On or near Wheatstone Close |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wheatstone Close |
May 2024 | Possession of weapons | Under investigation | On or near Wheatstone Close |