£237,578
This estimated value is based upon the latest sale price for the house of £232,500 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £232,500 | 17 Jun 2022 |
| £140,000 | 21 Feb 2014 |
| £145,000 | 11 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for WEST SUSSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £232,500 results in an estimated price of approximately £237,578.
| 17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £232,500 | £5,078 | £237,578 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 88.404 % | £205,539 | £438,039 |
| 3 Month Average | -3.642 % | £-8,468 | £224,031 |
| 6 Month Average | -1.043 % | £-2,424 | £230,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £161,050 | £157,500 | FLAT 17 NEW BROADWAY |
| 16 Aug 2023 | £458,265 | £450,000 | 2 HARROW ROAD |
| 25 Aug 2022 | £537,513 | £535,000 | 28 HARROW ROAD |
| 10 Aug 2022 | £311,456 | £310,000 | 21 HARROW ROAD |
| 17 Jun 2022 | £237,578 | £232,500 | 189A TARRING ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Aug 2013. Using an estimated price of £237,578 means this house is valued at £4,319 per sq meter (£401 per sq foot).
The average size of a house on TARRING ROAD is 80 sq meters (864 sq feet).