£498,220
This estimated value is based upon the latest sale price for the house of £290,000 on 31 May 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 31 May 2012 |
| £225,000 | 30 Nov 2005 |
| £86,250 | 27 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 809 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 2012 the House Price Index for WEST SUSSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £290,000 results in an estimated price of approximately £498,220.
| 31 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £290,000 | £208,220 | £498,220 |
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 | 40.280 % | £116,810 | £406,810 |
| 3 Month Average | 57.202 % | £165,885 | £455,885 |
| 6 Month Average | 69.364 % | £201,156 | £491,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £218,949 | £215,000 | 9 OAK TREE WAY |
| 9 Jun 2023 | £269,909 | £264,500 | FLAT 25 ASHDOWN COURT OAK TREE WAY |
| 17 Jan 2023 | £546,460 | £545,000 | 58 OAK TREE WAY |
| 16 Aug 2022 | £482,255 | £480,000 | 61 OAK TREE WAY |
| 15 Jul 2022 | £271,672 | £268,950 | FLAT 13 ASHDOWN COURT OAK TREE WAY |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 20 Oct 2011. Using an estimated price of £498,220 means this house is valued at £6,623 per sq meter (£615 per sq foot).
The average size of a house on OAK TREE WAY is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Under investigation | On or near Earlswood Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Redkiln Way |
| Sep 2024 | Vehicle crime | Under investigation | On or near York Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Darwin Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darwin Close |