£296,640
This estimated value is based upon the latest sale price for the house of £278,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £278,000 | 9 Dec 2021 |
| £70,000 | 30 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2021 the House Price Index for WEST SUSSEX was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £278,000 results in an estimated price of approximately £296,640.
| 9 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £278,000 | £18,640 | £296,640 |
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 | 26.393 % | £73,371 | £351,371 |
| 3 Month Average | -14.737 % | £-40,967 | £237,032 |
| 6 Month Average | -7.592 % | £-21,106 | £256,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £219,278 | £217,500 | FLAT 7 CEDAR COURT, 87 ELMER ROAD |
| 16 Aug 2022 | £327,785 | £330,000 | 22 NORTH AVENUE SOUTH |
| 22 Apr 2022 | £641,026 | £625,000 | 49 SOUTHDEAN CLOSE |
| 28 Mar 2022 | £299,303 | £290,000 | 84 ELMER ROAD |
| 17 Mar 2022 | £216,736 | £210,000 | 78 ELMER ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 May 2021. Using an estimated price of £296,640 means this house is valued at £3,026 per sq meter (£281 per sq foot).
There is one other house on the street which we know the size of, this is 7 SHAW CLOSE it is 64.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmer Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Central Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Avenue |