£375,886
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 15 Mar 2017 |
| £210,000 | 15 Aug 2007 |
| £97,000 | 27 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2017 the House Price Index for WEST SUSSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £290,000 results in an estimated price of approximately £375,886.
| 15 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £290,000 | £85,886 | £375,886 |
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 | 3.522 % | £10,214 | £300,214 |
| 3 Month Average | 9.227 % | £26,757 | £316,757 |
| 6 Month Average | 12.387 % | £35,922 | £325,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £265,430 | £261,500 | 8 LILAC CLOSE |
| 28 Jul 2023 | £467,796 | £461,500 | 113 MIDDLETON ROAD |
| 14 Jul 2023 | £312,709 | £308,500 | 39 ILEX WAY |
| 18 Nov 2022 | £316,170 | £320,000 | 6 MORAUNT DRIVE |
| 17 Aug 2021 | £373,731 | £335,000 | 23 LILAC CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Oct 2015. Using an estimated price of £375,886 means this house is valued at £4,474 per sq meter (£415 per sq foot).
The average size of a house on ILEX WAY is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Aspen Way |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Aspen Way |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Byway |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Byway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Close |