£251,023
This estimated value is based upon the latest sale price for the house of £155,250 on 2 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £155,250 | 2 Dec 2013 |
| £147,500 | 18 Dec 2009 |
| £89,000 | 8 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 December 2013 the House Price Index for WEST SUSSEX was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £155,250 results in an estimated price of approximately £251,023.
| 2 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £155,250 | £95,773 | £251,023 |
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 | 39.679 % | £61,601 | £216,851 |
| 3 Month Average | 49.346 % | £76,609 | £231,859 |
| 6 Month Average | 51.166 % | £79,434 | £234,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £218,355 | £215,000 | 3 MONTGOMERY DRIVE |
| 8 Sep 2023 | £301,650 | £295,000 | 9 MONTGOMERY DRIVE |
| 14 Jun 2023 | £244,908 | £240,000 | 18 TEMPLARS CLOSE |
| 28 Apr 2023 | £229,289 | £225,000 | 7 MERLIN WAY |
| 14 Jul 2022 | £421,726 | £417,500 | 16 KILWICH CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 2 Jul 2020. Using an estimated price of £251,023 means this house is valued at £5,020 per sq meter (£466 per sq foot).
The average size of a house on TEMPLARS CLOSE is 49 sq meters (529 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Montgomery Drive |