£244,062
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Oct 2016 |
| £125,000 | 5 Apr 2013 |
| £123,000 | 22 Jul 2004 |
| £12,950 | 3 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2016 the House Price Index for WEST SUSSEX was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £185,000 results in an estimated price of approximately £244,062.
| 25 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £185,000 | £59,062 | £244,062 |
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 | 22.134 % | £40,948 | £225,948 |
| 3 Month Average | 11.605 % | £21,469 | £206,469 |
| 6 Month Average | 16.313 % | £30,179 | £215,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £270,979 | £267,500 | 19 TAMARISK CLOSE |
| 14 Jul 2023 | £277,626 | £275,000 | 13 OAK GROVE |
| 1 Sep 2022 | £227,236 | £230,000 | 47 CORBISHLEY ROAD |
| 26 Aug 2022 | £139,060 | £140,000 | 26 OAK CLOSE |
| 17 Jun 2022 | £232,355 | £230,000 | 22 OAK CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Jul 2020. Using an estimated price of £244,063 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on OAK CLOSE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Close |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |