£259,033
This estimated value is based upon the latest sale price for the house of £240,000 on 1 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 |
---|---|
£240,000 | 1 Dec 2021 |
£141,000 | 26 Jul 2013 |
£53,000 | 13 Mar 1998 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £240,000 results in an estimated price of approximately £259,033.
1 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £240,000 | £19,033 | £259,033 |
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 | -7.893 % | £-18,942 | £221,057 |
3 Month Average | -11.352 % | £-27,243 | £212,756 |
6 Month Average | -6.164 % | £-14,792 | £225,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £238,991 | £235,000 | 26 STONEAGE CLOSE |
29 Jul 2022 | £238,389 | £236,000 | 39 STONEAGE CLOSE |
1 Dec 2021 | £259,034 | £240,000 | 37 STONEAGE CLOSE |
12 Oct 2021 | £266,406 | £239,000 | 34 STONEAGE CLOSE |
16 Jul 2021 | £260,499 | £225,000 | 24 SYCAMORE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Jan 2014. Using an estimated price of £259,034 means this house is valued at £4,246 per sq meter (£394 per sq foot).
The average size of a house on STONEAGE CLOSE is 66 sq meters (717 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Under investigation | On or near Rowan Way |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Way |
Sep 2024 | Drugs | Under investigation | On or near Stoneage Close |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Bronze Close |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Bronze Close |