£327,436
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 30 Oct 2023 |
| £250,000 | 22 Jun 2018 |
| £176,000 | 26 Apr 2012 |
| £169,000 | 11 Jun 2004 |
| £133,500 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 548 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 October 2023 the House Price Index for WEST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £320,000 results in an estimated price of approximately £327,436.
| 30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £320,000 | £7,436 | £327,436 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | -32.458 % | £-103,866 | £216,133 |
| 3 Month Average | 0.295 % | £942 | £320,942 |
| 6 Month Average | -1.838 % | £-5,880 | £314,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £363,154 | £360,000 | 6 OVING TERRACE |
| 30 Oct 2023 | £327,437 | £320,000 | 70 OVING ROAD |
| 21 Oct 2022 | £318,935 | £320,000 | 115 OVING ROAD |
| 9 Sep 2022 | £302,798 | £303,000 | 2 LEATHERBOTTLE LANE |
| 4 Aug 2022 | £336,574 | £335,000 | 95 VICTORIA ROAD |
This house has a floor area of 50 sq meters or 548 sq feet when measured on 5 Jan 2012. Using an estimated price of £327,437 means this house is valued at £6,427 per sq meter (£597 per sq foot).
The average size of a house on OVING ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Portfield Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Portfield Close |