£181,279
This estimated value is based upon the latest sale price for the house of £115,000 on 3 Jul 2007. 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 | 3 Jul 2007 |
£75,000 | 21 Dec 2006 |
£40,000 | 23 Aug 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 July 2007 the House Price Index for WEST SUSSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £115,000 results in an estimated price of approximately £181,279.
3 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £115,000 | £66,279 | £181,279 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 169.458 % | £194,876 | £309,876 |
3 Month Average | 61.284 % | £70,476 | £185,476 |
6 Month Average | 48.881 % | £56,213 | £171,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £150,636 | £148,000 | FLAT 5 25 SOUTH TERRACE |
4 Aug 2023 | £165,952 | £164,500 | FLAT 2 SOUTHLANDS COURT SOUTH TERRACE |
12 Jul 2023 | £405,457 | £400,000 | WESTSIDE HOUSE WESTERN ROAD |
4 Apr 2023 | £98,056 | £97,000 | FLAT 2 25 SOUTH TERRACE |
13 May 2022 | £94,786 | £93,000 | FLAT 1 24 SOUTH TERRACE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 11 Feb 2020. Using an estimated price of £181,279 means this house is valued at £4,421 per sq meter (£410 per sq foot).
The average size of a house on NORFOLK ROAD is 72 sq meters (781 sq feet).