£258,789
This estimated value is based upon the latest sale price for the house of £260,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near Petrol Station
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| Price Paid | Date |
|---|---|
| £260,000 | 25 Nov 2022 |
| £160,000 | 21 Jan 2020 |
| £92,950 | 21 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in November 2022 the House Price Index for HAMPSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £260,000 results in an estimated price of approximately £258,789.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £260,000 | £-1,210 | £258,789 |
The Postcode Pricing Model uses changes in average sales price within the RG22 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 | -12.166 % | £-31,632 | £228,367 |
| 3 Month Average | -7.390 % | £-19,213 | £240,786 |
| 6 Month Average | 2.105 % | £5,472 | £265,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £181,113 | £177,000 | 52 TWEEDSMUIR CLOSE |
| 24 Mar 2023 | £190,176 | £187,000 | FLAT 2 OAKDENE COURT WORTING ROAD |
| 25 Nov 2022 | £258,790 | £260,000 | 388 WORTING ROAD |
| 25 Nov 2022 | £181,651 | £182,500 | FLAT 1 OAKDENE COURT WORTING ROAD |
| 16 Aug 2022 | £150,705 | £150,000 | FLAT 4 OAKDENE COURT WORTING ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 24 Oct 2019. Using an estimated price of £258,790 means this house is valued at £5,074 per sq meter (£471 per sq foot).
The average size of a house on WORTING ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |