£340,910
This estimated value is based upon the latest sale price for the house of £275,000 on 19 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£275,000 | 19 Aug 2019 |
£172,950 | 11 Nov 2003 |
£20,000 | 31 Aug 2000 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £275,000 results in an estimated price of approximately £340,910.
19 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £275,000 | £65,910 | £340,910 |
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 | 7.717 % | £21,220 | £296,220 |
3 Month Average | 9.374 % | £25,779 | £300,779 |
6 Month Average | 15.167 % | £41,708 | £316,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £351,337 | £345,000 | 10 ORCHARD WAY |
29 Jul 2022 | £232,328 | £230,000 | 19 ORCHARD WAY |
29 Jun 2022 | £329,033 | £322,000 | 22 ORCHARD WAY |
11 Feb 2022 | £322,219 | £305,000 | 10 GREENWOOD AVENUE |
6 Aug 2021 | £230,394 | £205,000 | 39 ORCHARD WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 28 May 2019. Using an estimated price of £340,910 means this house is valued at £3,127 per sq meter (£290 per sq foot).
The average size of a house on ORCHARD WAY is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Jubilee Place | |
Sep 2024 | Anti-social behaviour | On or near Jubilee Place | |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Orchard Way |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Way |