£239,952
This estimated value is based upon the latest sale price for the house of £222,000 on 8 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£222,000 | 8 Jun 2021 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 671 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 June 2021 the House Price Index for WEST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £222,000 results in an estimated price of approximately £239,952.
8 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £222,000 | £17,952 | £239,952 |
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 | -20.460 % | £-45,420 | £176,579 |
3 Month Average | -14.179 % | £-31,476 | £190,523 |
6 Month Average | -11.124 % | £-24,696 | £197,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £133,021 | £130,000 | FLAT 14 VILLA PLAGE, 154 - 160 ELMER ROAD |
25 Sep 2023 | £265,861 | £260,000 | FLAT 21 VILLA PLAGE, 154 - 160 ELMER ROAD |
17 Aug 2023 | £110,493 | £108,500 | FLAT 25 VILLA PLAGE, 154 - 160 ELMER ROAD |
30 Mar 2023 | £422,048 | £415,000 | 145 ELMER ROAD |
6 Jan 2023 | £160,429 | £160,000 | FLAT 31 VILLA PLAGE, 154 - 160 ELMER ROAD |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 16 May 2011. Using an estimated price of £239,952 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on ELMER ROAD is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Deepdene Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Coldicott Mews |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Walk |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arundel Way |