£398,213
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Apr 2003. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 25 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2003 the House Price Index for WEST SUSSEX was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £165,000 results in an estimated price of approximately £398,213.
| 25 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £165,000 | £233,213 | £398,213 |
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 | 124.786 % | £205,896 | £370,896 |
| 3 Month Average | 124.373 % | £205,215 | £370,215 |
| 6 Month Average | 130.645 % | £215,564 | £380,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £379,637 | £370,000 | 6 POPLARS CLOSE |
| 19 Jun 2023 | £260,215 | £255,000 | FLAT 1 VICTORIA PLACE, 73 VICTORIA ROAD |
| 28 Apr 2023 | £387,243 | £380,000 | 4 SOUTH DRIVE |
| 3 Mar 2023 | £435,269 | £428,000 | 9 CHERRY CLOSE |
| 27 Feb 2023 | £354,971 | £352,600 | 11 SOUTH DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Aug 2014. Using an estimated price of £398,213 means this house is valued at £5,171 per sq meter (£480 per sq foot).
The average size of a house on SOUTHWAY is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Southway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Victoria Avenue |