£700,606
This estimated value is based upon the latest sale price for the house of £580,000 on 4 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£580,000 | 4 Aug 2020 |
£499,950 | 14 Aug 2015 |
Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 August 2020 the House Price Index for WEST SUSSEX was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £580,000 results in an estimated price of approximately £700,606.
4 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £580,000 | £120,606 | £700,606 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 47.319 % | £274,450 | £854,450 |
3 Month Average | 12.307 % | £71,378 | £651,378 |
6 Month Average | 19.152 % | £111,079 | £691,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £402,364 | £390,000 | 23 THE OAKS |
7 Dec 2023 | £304,352 | £295,000 | 61 WESTMINSTER DRIVE |
26 Oct 2023 | £421,575 | £412,000 | 6 THE OAKS |
4 Aug 2023 | £323,841 | £318,000 | 65 WESTMINSTER DRIVE |
7 Jun 2022 | £306,553 | £300,000 | 81 WESTMINSTER DRIVE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 25 Apr 2013. Using an estimated price of £700,606 means this house is valued at £4,733 per sq meter (£439 per sq foot).
There is one other house on the street which we know the size of, this is 2 THE SPINNEY it is 157.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Ripon Gardens |
Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ripon Gardens |
Sep 2024 | Other crime | Under investigation | On or near Lower Bognor Road |
Oct 2024 | Anti-social behaviour | On or near Wakefield Way | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coventry Close |