£435,355
This estimated value is based upon the latest sale price for the house of £249,950 on 5 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£249,950 | 5 Jul 2006 |
£113,000 | 14 Apr 2000 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 2006 the House Price Index for WEST SUSSEX was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £249,950 results in an estimated price of approximately £435,355.
5 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £249,950 | £185,405 | £435,355 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | 64.145 % | £160,330 | £410,280 |
3 Month Average | 69.073 % | £172,647 | £422,597 |
6 Month Average | 87.312 % | £218,237 | £468,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £460,000 | £460,000 | 27 EASTCOURT ROAD |
10 Nov 2023 | £243,173 | £237,000 | FIRST FLOOR FLAT 24 BRIDGE ROAD |
22 Sep 2023 | £484,480 | £473,800 | 68 WESTCOURT ROAD |
22 Sep 2023 | £291,424 | £285,000 | 3 OSMONDE COURT WESTCOURT ROAD |
25 Jan 2023 | £242,648 | £242,000 | GROUND FLOOR FLAT 48 WESTCOURT ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 12 Feb 2015. Using an estimated price of £435,355 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on EASTCOURT ROAD is 107 sq meters (1,157 sq feet).