£427,742
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 8 Jun 2005 |
| £164,500 | 14 Sep 2001 |
| £117,950 | 16 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2005 the House Price Index for WEST SUSSEX was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £230,000 results in an estimated price of approximately £427,742.
| 8 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £230,000 | £197,742 | £427,742 |
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 | 106.236 % | £244,342 | £474,342 |
| 3 Month Average | 82.582 % | £189,938 | £419,938 |
| 6 Month Average | 93.554 % | £215,174 | £445,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £503,601 | £492,500 | 25 ELGAR WAY |
| 29 Sep 2023 | £419,242 | £410,000 | 44 ELGAR WAY |
| 25 Aug 2023 | £926,714 | £910,000 | 20 WALTON DRIVE |
| 26 Apr 2023 | £687,866 | £675,000 | 1 DELIUS GARDENS |
| 28 Mar 2023 | £426,116 | £419,000 | 16 DELIUS GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Nov 2021. Using an estimated price of £427,742 means this house is valued at £5,346 per sq meter (£496 per sq foot).
The average size of a house on ELGAR WAY is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Elgar Way | |
| Sep 2024 | Anti-social behaviour | On or near Elgar Way | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive | |
| Aug 2024 | Anti-social behaviour | On or near Walton Drive |