£411,125
This estimated value is based upon the latest sale price for the house of £330,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £330,000 | 5 Apr 2019 |
| £179,000 | 19 Dec 2002 |
| £88,500 | 10 Sep 1999 |
| 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 April 2019 the House Price Index for WEST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £330,000 results in an estimated price of approximately £411,125.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £330,000 | £81,125 | £411,125 |
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 | 18.840 % | £62,172 | £392,172 |
| 3 Month Average | 16.215 % | £53,509 | £383,509 |
| 6 Month Average | 12.902 % | £42,578 | £372,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £94,909 | £92,500 | 68 MELBOURNE ROAD |
| 25 Aug 2023 | £91,144 | £89,500 | 71 MELBOURNE ROAD |
| 12 Apr 2023 | £356,671 | £350,000 | 5 SYDNEY COURT MELBOURNE ROAD |
| 30 Sep 2022 | £254,830 | £255,000 | 64 MELBOURNE ROAD |
| 17 Aug 2022 | £145,681 | £145,000 | 42 MELBOURNE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Sep 2017. Using an estimated price of £411,125 means this house is valued at £4,894 per sq meter (£454 per sq foot).
The average size of a house on MELBOURNE ROAD is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |
| May 2024 | Anti-social behaviour | On or near Melbourne Road | |
| May 2024 | Anti-social behaviour | On or near Melbourne Road | |
| May 2024 | Anti-social behaviour | On or near Melbourne Road | |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Adelaide Road |