£228,285
This estimated value is based upon the latest sale price for the house of £39,950 on 12 Jan 1996. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £39,950 | 12 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 1996 the House Price Index for WEST SUSSEX was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £39,950 results in an estimated price of approximately £228,285.
| 12 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £39,950 | £188,335 | £228,285 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 207.716 % | £82,982 | £122,932 |
| 3 Month Average | 434.255 % | £173,484 | £213,434 |
| 6 Month Average | 478.156 % | £191,023 | £230,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £211,499 | £205,000 | 41 STANHOPE ROAD |
| 10 Mar 2023 | £320,350 | £315,000 | 12 STANHOPE ROAD |
| 22 Jul 2022 | £282,834 | £280,000 | 45 GROVE CRESCENT |
| 29 Apr 2022 | £265,580 | £256,000 | 18 STANHOPE ROAD |
| 25 Mar 2022 | £299,609 | £287,000 | 15 GROVE CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Jun 2021. Using an estimated price of £228,285 means this house is valued at £4,076 per sq meter (£378 per sq foot).
The average size of a house on ELM GROVE ROAD is 69 sq meters (743 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Stanhope Road |