£243,274
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near London Road
More crime details
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| Price Paid | Date |
|---|---|
| £240,000 | 20 Jul 2023 |
| 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 July 2023 the House Price Index for WEST SUSSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £240,000 results in an estimated price of approximately £243,274.
| 20 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £240,000 | £3,274 | £243,274 |
The Postcode Pricing Model uses changes in average sales price within the GU33 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 | 2.079 % | £4,989 | £244,989 |
| 3 Month Average | -20.703 % | £-49,687 | £190,312 |
| 6 Month Average | -16.178 % | £-38,828 | £201,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £1,175,024 | £1,160,000 | SOUTHANGER SANDY LANE |
| 9 Aug 2023 | £983,605 | £975,000 | HOMEWOOD LONDON ROAD |
| 20 Jul 2023 | £243,274 | £240,000 | UNIT 13 RAKE BUSINESS PARK |
| 15 Nov 2022 | £5,088,365 | £5,150,000 | THE GATE HOUSE LONDON ROAD |
| 2 Sep 2022 | £732,088 | £738,000 | THE OLD BREW HOUSE LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near London Road |
| Apr 2024 | Burglary | Under investigation | On or near London Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reeds Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Reeds Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Reeds Lane |