£695,472
This estimated value is based upon the latest sale price for the house of £473,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £473,000 | 22 May 2015 |
| £250,000 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,325 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 May 2015 the House Price Index for WEST SUSSEX was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £473,000 results in an estimated price of approximately £695,472.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £473,000 | £222,472 | £695,472 |
The Postcode Pricing Model uses changes in average sales price within the RH13 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 | 56.070 % | £265,210 | £738,210 |
| 3 Month Average | 40.493 % | £191,532 | £664,532 |
| 6 Month Average | 41.025 % | £194,046 | £667,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £503,601 | £492,500 | 25 ELGAR WAY |
| 29 Sep 2023 | £419,242 | £410,000 | 44 ELGAR WAY |
| 25 Aug 2023 | £926,714 | £910,000 | 20 WALTON DRIVE |
| 26 Apr 2023 | £687,866 | £675,000 | 1 DELIUS GARDENS |
| 28 Mar 2023 | £426,116 | £419,000 | 16 DELIUS GARDENS |
This house has a floor area of 123 sq meters or 1,325 sq feet when measured on 15 Aug 2011. Using an estimated price of £695,473 means this house is valued at £5,649 per sq meter (£524 per sq foot).
The average size of a house on ELGAR WAY is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Elgar Way | |
| Sep 2024 | Anti-social behaviour | On or near Elgar Way | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive |