£2,298,175
This estimated value is based upon the latest sale price for the house of £1,865,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Shoreham Road
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| Price Paid | Date |
|---|---|
| £1,865,000 | 9 Nov 2018 |
| £1,425,000 | 20 Mar 2008 |
| £875,000 | 19 Mar 2004 |
| Freehold |
| Floor Area: 254 sq meters or 2,734 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 November 2018 the House Price Index for WEST SUSSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £1,865,000 results in an estimated price of approximately £2,298,175.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £1,865,000 | £433,175 | £2,298,175 |
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 | -46.905 % | £-874,773 | £990,226 |
| 3 Month Average | 47.546 % | £886,729 | £2,751,729 |
| 6 Month Average | 16.633 % | £310,206 | £2,175,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £967,369 | £955,000 | 5 HOEWOOD |
| 11 Aug 2023 | £1,005,799 | £997,000 | 6 SILVER BIRCHES |
| 3 Apr 2023 | £454,898 | £450,000 | 8 HILL VIEW |
| 28 Mar 2023 | £484,565 | £480,000 | 14 DOWNSVIEW |
| 28 Mar 2023 | £383,614 | £380,000 | 13 DOWNSVIEW |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 11 Nov 2016. Using an estimated price of £2,298,175 means this house is valued at £9,047 per sq meter (£840 per sq foot).
The average size of a house on OREHAM COMMON is 487 sq meters (5,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Shoreham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shoreham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shoreham Road |
| Mar 2024 | Other theft | Under investigation | On or near Beech Wood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |