£400,522
This estimated value is based upon the latest sale price for the house of £271,000 on 16 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £271,000 | 16 Feb 2015 |
| £220,000 | 24 Jun 2009 |
| £220,000 | 24 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2015 the House Price Index for WEST SUSSEX was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £271,000 results in an estimated price of approximately £400,522.
| 16 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £271,000 | £129,522 | £400,522 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 118.492 % | £321,112 | £592,112 |
| 3 Month Average | 38.348 % | £103,923 | £374,923 |
| 6 Month Average | 36.268 % | £98,286 | £369,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £164,098 | £162,000 | 7 SUSSEX COURT MANOR WAY |
| 11 Aug 2023 | £469,104 | £465,000 | 8 FARM CLOSE |
| 7 Aug 2023 | £151,324 | £150,000 | 4 MANOR COURT |
| 9 Feb 2023 | £469,684 | £470,000 | 11 ARUNDEL WAY |
| 1 Sep 2022 | £580,314 | £585,000 | 23 TEMPLESHEEN ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 30 Oct 2014. Using an estimated price of £400,522 means this house is valued at £4,172 per sq meter (£387 per sq foot).
The average size of a house on NORFOLK WAY is 114 sq meters (1,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ancton Way |