£125,643
This estimated value is based upon the latest sale price for the house of £24,000 on 27 Mar 1997. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£24,000 | 27 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 March 1997 the House Price Index for WEST SUSSEX was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £24,000 results in an estimated price of approximately £125,643.
27 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 148.6 | 423.513 % | £24,000 | £101,643 | £125,643 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 467.817 % | £112,275 | £136,275 |
3 Month Average | 356.550 % | £85,571 | £109,571 |
6 Month Average | 342.950 % | £82,307 | £106,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £65,574 | £65,000 | FLAT 53 HOMECROFT HOUSE SYLVAN WAY |
7 Nov 2022 | £83,983 | £85,000 | FLAT 19 HOMECROFT HOUSE SYLVAN WAY |
16 Dec 2021 | £83,567 | £78,000 | FLAT 16 HOMECROFT HOUSE SYLVAN WAY |
19 Nov 2021 | £74,949 | £69,300 | FLAT 71A HOMECROFT HOUSE SYLVAN WAY |
28 Jun 2021 | £85,834 | £80,000 | FLAT 29 HOMECROFT HOUSE SYLVAN WAY |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 3 Jul 2015. Using an estimated price of £125,643 means this house is valued at £3,395 per sq meter (£315 per sq foot).
The average size of a house on SYLVAN WAY is 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near The Orchard Close | |
Feb 2024 | Anti-social behaviour | On or near The Orchard Close | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nyewood Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Elfin Grove |