£396,339
This estimated value is based upon the latest sale price for the house of £135,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £135,000 | 24 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2002 the House Price Index for WEST SUSSEX was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £135,000 results in an estimated price of approximately £396,339.
| 24 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £135,000 | £261,339 | £396,339 |
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 | 157.141 % | £212,140 | £347,140 |
| 3 Month Average | 164.671 % | £222,305 | £357,305 |
| 6 Month Average | 177.890 % | £240,151 | £375,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £256,948 | £253,000 | 8 SATINWOOD CLOSE |
| 4 Dec 2023 | £154,755 | £150,000 | 14 SATINWOOD CLOSE |
| 17 Nov 2023 | £268,311 | £261,500 | 8 LILAC CLOSE |
| 18 Nov 2022 | £318,511 | £320,000 | 6 MORAUNT DRIVE |
| 11 Jul 2022 | £313,138 | £310,000 | 5 SATINWOOD CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Aug 2012. Using an estimated price of £396,340 means this house is valued at £4,044 per sq meter (£375 per sq foot).
The average size of a house on ASPEN WAY is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Marlowe Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Close |
| Oct 2024 | Burglary | Under investigation | On or near The Byway |
| Oct 2024 | Burglary | Under investigation | On or near The Byway |