£418,489
This estimated value is based upon the latest sale price for the house of £245,000 on 3 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£245,000 | 3 Feb 2012 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 February 2012 the House Price Index for WEST SUSSEX was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £245,000 results in an estimated price of approximately £418,489.
3 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.0 | 70.812 % | £245,000 | £173,489 | £418,489 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 175.583 % | £430,178 | £675,178 |
3 Month Average | 73.505 % | £180,086 | £425,086 |
6 Month Average | 56.748 % | £139,032 | £384,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £467,845 | £465,000 | 5 RIVER ROAD |
11 Aug 2023 | £281,713 | £280,000 | 5 TERMINUS PLACE |
10 May 2022 | £630,370 | £621,000 | 26 NETLEY COURT SURREY STREET |
30 Sep 2021 | £295,141 | £275,000 | 5 ARGYLL HALL RIVER ROAD |
17 Sep 2021 | £595,649 | £555,000 | 29 NETLEY COURT SURREY STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 16 Aug 2019. Using an estimated price of £418,490 means this house is valued at £3,487 per sq meter (£323 per sq foot).
The average size of a house on RIVER ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Surrey Street |