£365,857
This estimated value is based upon the latest sale price for the house of £294,000 on 14 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £294,000 | 14 Feb 2019 |
| £116,000 | 10 Aug 2001 |
| £76,000 | 9 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £294,000 results in an estimated price of approximately £365,857.
| 14 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £294,000 | £71,857 | £365,857 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | 20.823 % | £61,218 | £355,218 |
| 3 Month Average | 15.099 % | £44,392 | £338,392 |
| 6 Month Average | 15.389 % | £45,244 | £339,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Sep 2024 | £372,500 | £372,500 | 15 ERIN WAY |
| 2 Aug 2024 | £325,000 | £325,000 | 29 ORCHARD ROAD |
| 17 Nov 2023 | £318,074 | £310,000 | 10 ORCHARD ROAD |
| 31 Oct 2023 | £332,553 | £325,000 | 14 PEAR TREE CLOSE |
| 12 Oct 2023 | £375,529 | £367,000 | 30 ORCHARD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Feb 2015. Using an estimated price of £365,857 means this house is valued at £5,716 per sq meter (£531 per sq foot).
The average size of a house on PEAR TREE CLOSE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Erin Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |
| Sep 2024 | Anti-social behaviour | On or near Victoria Road | |
| Sep 2024 | Anti-social behaviour | On or near Victoria Road | |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road |