£520,729
This estimated value is based upon the latest sale price for the house of £292,000 on 25 Sep 2009. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £292,000 | 25 Sep 2009 |
| £249,950 | 29 Jun 2007 |
| £179,950 | 21 May 2004 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,048 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 September 2009 the House Price Index for WEST SUSSEX was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £292,000 results in an estimated price of approximately £520,729.
| 25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £292,000 | £228,729 | £520,729 |
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 | 98.448 % | £287,469 | £579,469 |
| 3 Month Average | 63.225 % | £184,618 | £476,618 |
| 6 Month Average | 61.657 % | £180,039 | £472,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £756,195 | £745,000 | 44 DOWNVIEW ROAD |
| 10 Nov 2023 | £477,063 | £470,000 | 2 ORMESBY CRESCENT |
| 28 Sep 2023 | £465,958 | £460,000 | 4 ORMESBY CRESCENT |
| 31 Jul 2023 | £608,186 | £600,000 | 24 DOWNVIEW ROAD |
| 20 Apr 2023 | £480,170 | £475,000 | 6 WROXHAM WAY |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 23 Jul 2009. Using an estimated price of £520,729 means this house is valued at £5,343 per sq meter (£496 per sq foot).
The average size of a house on ORMESBY CRESCENT is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Walsham Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Walsham Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walsham Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Downview Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downview Road |