£202,777
This estimated value is based upon the latest sale price for the house of £182,500 on 12 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £182,500 | 12 Aug 2021 |
| £193,000 | 14 Jul 2017 |
| £95,000 | 18 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
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 2021 the House Price Index for WEST SUSSEX was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £182,500 results in an estimated price of approximately £202,777.
| 12 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £182,500 | £20,277 | £202,777 |
The Postcode Pricing Model uses changes in average sales price within the BN42 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 | 50.232 % | £91,673 | £274,173 |
| 3 Month Average | 16.204 % | £29,573 | £212,073 |
| 6 Month Average | 19.416 % | £35,433 | £217,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £425,462 | £420,000 | 54 SUMMERSDEANE |
| 13 Nov 2023 | £415,332 | £410,000 | 128 DOWNSWAY |
| 20 Jul 2023 | £304,531 | £301,650 | 2 CHURCH HOUSE CLOSE |
| 24 Oct 2022 | £224,660 | £228,000 | 27A HIGHDOWN |
| 22 Aug 2022 | £478,765 | £482,000 | 50 SUMMERSDEANE |