£234,261
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Jan 2017 |
| £60,000 | 14 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2017 the House Price Index for WEST SUSSEX was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £180,000 results in an estimated price of approximately £234,261.
| 13 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.0 | 30.145 % | £180,000 | £54,261 | £234,261 |
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 | 49.950 % | £89,910 | £269,910 |
| 3 Month Average | 14.988 % | £26,977 | £206,977 |
| 6 Month Average | 16.927 % | £30,468 | £210,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £270,979 | £267,500 | 19 TAMARISK CLOSE |
| 26 Aug 2022 | £139,060 | £140,000 | 26 OAK CLOSE |
| 17 Jun 2022 | £232,355 | £230,000 | 22 OAK CLOSE |
| 28 Feb 2022 | £235,004 | £225,000 | 20 OAK CLOSE |
| 18 Feb 2022 | £208,892 | £200,000 | 32 OAK CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Sep 2016. Using an estimated price of £234,262 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on TAMARISK CLOSE is 112 sq meters (1,213 sq feet).