£384,445
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 27 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2012 the House Price Index for WEST SUSSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £225,000 results in an estimated price of approximately £384,445.
| 27 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £225,000 | £159,445 | £384,445 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | -7.330 % | £-16,493 | £208,506 |
| 3 Month Average | 41.128 % | £92,537 | £317,537 |
| 6 Month Average | 49.432 % | £111,220 | £336,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £504,092 | £495,000 | 5 LEY ROAD |
| 22 Mar 2023 | £554,256 | £545,000 | 86 LIMMER LANE |
| 8 Mar 2023 | £610,139 | £599,950 | 8 TRYNDEL WAY |
| 13 Jul 2022 | £681,832 | £675,000 | 53 LEY ROAD |
| 16 May 2022 | £462,037 | £450,000 | 29 LEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 May 2012. Using an estimated price of £384,445 means this house is valued at £5,266 per sq meter (£489 per sq foot).
The average size of a house on LEY ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Tryndel Way | |
| May 2024 | Anti-social behaviour | On or near Tryndel Way | |
| May 2024 | Anti-social behaviour | On or near Tryndel Way | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Overdown Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Summerley Lane |