£426,992
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 30 Jun 2020 |
| 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 June 2020 the House Price Index for WEST SUSSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £350,000 results in an estimated price of approximately £426,992.
| 30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £350,000 | £76,992 | £426,992 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 82.457 % | £288,598 | £638,598 |
| 3 Month Average | 22.707 % | £79,475 | £429,475 |
| 6 Month Average | 13.752 % | £48,130 | £398,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £600,429 | £589,600 | 25 GORDON ROAD |
| 8 Aug 2023 | £595,745 | £585,000 | 88 GORDON ROAD |
| 1 Mar 2023 | £650,870 | £640,000 | 48 ROSSLYN ROAD |
| 28 Feb 2023 | £473,161 | £470,000 | 92 GORDON ROAD |
| 23 Jan 2023 | £657,005 | £655,250 | 56 GORDON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Mar 2020. Using an estimated price of £426,993 means this house is valued at £5,083 per sq meter (£472 per sq foot).
The average size of a house on GORDON ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Gordon Road |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |