£495,720
This estimated value is based upon the latest sale price for the house of £324,950 on 28 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£324,950 | 28 Aug 2014 |
£124,950 | 11 Dec 2001 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2014 the House Price Index for WEST SUSSEX was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £324,950 results in an estimated price of approximately £495,720.
28 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £324,950 | £170,770 | £495,720 |
The Postcode Pricing Model uses changes in average sales price within the RH14 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 | -26.174 % | £-85,052 | £239,897 |
3 Month Average | 56.345 % | £183,092 | £508,042 |
6 Month Average | 51.599 % | £167,672 | £492,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £482,412 | £475,000 | 99 MORRIS DRIVE |
15 Dec 2023 | £448,790 | £435,000 | 53 MORRIS DRIVE |
26 Oct 2023 | £537,201 | £525,000 | 80 MORRIS DRIVE |
6 Oct 2023 | £323,344 | £316,000 | 111 MORRIS DRIVE |
5 Oct 2023 | £434,877 | £425,000 | 112 MORRIS DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 May 2014. Using an estimated price of £495,720 means this house is valued at £5,273 per sq meter (£489 per sq foot).
The average size of a house on MORRIS DRIVE is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Morris Drive |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Drive |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Larks View |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Platts Meadow |
Sep 2024 | Anti-social behaviour | On or near Turner Avenue |