£577,963
This estimated value is based upon the latest sale price for the house of £560,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £560,000 | 31 Mar 2022 |
| £420,000 | 17 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 2022 the House Price Index for WEST SUSSEX was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £560,000 results in an estimated price of approximately £577,963.
| 31 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £560,000 | £17,963 | £577,963 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 20.205 % | £113,147 | £673,147 |
| 3 Month Average | 0.900 % | £5,041 | £565,041 |
| 6 Month Average | 2.791 % | £15,627 | £575,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £503,059 | £500,000 | 86 NORWICH ROAD |
| 11 Jul 2022 | £534,278 | £535,000 | 86 WORCESTER ROAD |
| 29 Apr 2022 | £769,231 | £750,000 | 7 WINCHESTER DRIVE |
| 31 Mar 2022 | £577,964 | £560,000 | 2 WELLS CRESCENT |
| 29 Mar 2022 | £628,536 | £609,000 | 121 WORCESTER ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 14 Sep 2021. Using an estimated price of £577,964 means this house is valued at £4,345 per sq meter (£403 per sq foot).
The average size of a house on WELLS CRESCENT is 205 sq meters (2,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Exeter Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Gloucester Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otter Close |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Duncan Road |