£309,299
This estimated value is based upon the latest sale price for the house of £245,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 9 Mar 2018 |
| £98,000 | 18 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2018 the House Price Index for WEST SUSSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £245,000 results in an estimated price of approximately £309,299.
| 9 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £245,000 | £64,299 | £309,299 |
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 | -36.786 % | £-90,125 | £154,874 |
| 3 Month Average | 1.196 % | £2,929 | £247,929 |
| 6 Month Average | 12.220 % | £29,938 | £274,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 5 Sep 2022 | £139,907 | £140,000 | 24 MEADOW COURT PRIESTLEY WAY |
| 14 Jul 2022 | £421,726 | £417,500 | 16 KILWICH CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 29 Nov 2016. Using an estimated price of £309,299 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on MERLIN WAY is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kilwich Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Kilwich Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kilwich Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kilwich Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Baldwin Close |