£321,441
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 14 Jun 2023 |
| £229,950 | 17 Oct 2014 |
| £150,000 | 8 Mar 2013 |
| £163,000 | 16 Nov 2005 |
| £126,950 | 31 Jul 2002 |
| £95,000 | 17 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2023 the House Price Index for WEST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £315,000 results in an estimated price of approximately £321,441.
| 14 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £315,000 | £6,441 | £321,441 |
The Postcode Pricing Model uses changes in average sales price within the RH15 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 | -34.832 % | £-109,719 | £205,280 |
| 3 Month Average | -9.011 % | £-28,383 | £286,616 |
| 6 Month Average | -0.598 % | £-1,882 | £313,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Sep 2024 | £372,500 | £372,500 | 15 ERIN WAY |
| 2 Aug 2024 | £325,000 | £325,000 | 29 ORCHARD ROAD |
| 17 Nov 2023 | £318,074 | £310,000 | 10 ORCHARD ROAD |
| 31 Oct 2023 | £332,553 | £325,000 | 14 PEAR TREE CLOSE |
| 12 Oct 2023 | £375,529 | £367,000 | 30 ORCHARD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Jun 2014. Using an estimated price of £321,442 means this house is valued at £6,064 per sq meter (£563 per sq foot).
The average size of a house on ORCHARD ROAD is 86 sq meters (935 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Erin Way |
| Sep 2024 | Anti-social behaviour | On or near Victoria Road | |
| Sep 2024 | Anti-social behaviour | On or near Victoria Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road |