£584,324
This estimated value is based upon the latest sale price for the house of £447,500 on 9 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 |
---|---|
£447,500 | 9 Mar 2017 |
£238,000 | 9 Dec 2013 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £447,500 results in an estimated price of approximately £584,324.
9 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £447,500 | £136,824 | £584,324 |
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 | -13.290 % | £-59,473 | £388,026 |
3 Month Average | 11.062 % | £49,503 | £497,003 |
6 Month Average | 13.353 % | £59,752 | £507,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £165,652 | £162,000 | 7 SUSSEX COURT MANOR WAY |
11 Aug 2023 | £473,541 | £465,000 | 8 FARM CLOSE |
9 Feb 2023 | £473,161 | £470,000 | 11 ARUNDEL WAY |
2 Feb 2023 | £176,177 | £175,000 | 11 SUSSEX COURT MANOR WAY |
2 Feb 2023 | £196,311 | £195,000 | 4 SUSSEX COURT MANOR WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Oct 2016. Using an estimated price of £584,325 means this house is valued at £5,565 per sq meter (£517 per sq foot).
The average size of a house on FARM CLOSE is 132 sq meters (1,421 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arundel Way |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Coldicott Mews |