£459,095
This estimated value is based upon the latest sale price for the house of £119,950 on 20 Apr 2000. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£119,950 | 20 Apr 2000 |
£69,450 | 30 Jun 1999 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2000 the House Price Index for WEST SUSSEX was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £119,950 results in an estimated price of approximately £459,095.
20 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 149.7 | 282.739 % | £119,950 | £339,145 | £459,095 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 343.680 % | £412,243 | £532,193 |
3 Month Average | 359.870 % | £431,664 | £551,614 |
6 Month Average | 331.106 % | £397,162 | £517,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £446,866 | £440,000 | 9 WESTERN ROAD |
18 Apr 2023 | £845,820 | £830,000 | 4 RAVENS ROAD |
31 Mar 2023 | £727,143 | £715,000 | 12 WESTERN ROAD |
16 Mar 2023 | £172,887 | £170,000 | FLAT 7 CLEMENTS COURT, 11 RAVENS ROAD |
15 Jul 2022 | £303,036 | £300,000 | 10A WESTERN ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Mar 2019. Using an estimated price of £459,095 means this house is valued at £5,401 per sq meter (£501 per sq foot).
The average size of a house on QUEENS PLACE is 94 sq meters (1,016 sq feet).