£377,566
This estimated value is based upon the latest sale price for the house of £370,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£370,000 | 9 Jun 2023 |
£235,000 | 1 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 2023 the House Price Index for WEST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £370,000 results in an estimated price of approximately £377,566.
9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £370,000 | £7,566 | £377,566 |
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 | -46.361 % | £-171,536 | £198,463 |
3 Month Average | -14.029 % | £-51,909 | £318,090 |
6 Month Average | 0.226 % | £836 | £370,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £495,000 | £495,000 | FLAT 1 ATHRINGTON COURT FIRST AVENUE |
21 Dec 2023 | £1,258,677 | £1,220,000 | 43 SUMMERLEY LANE |
5 Oct 2023 | £1,023,240 | £1,000,000 | 7 SECOND AVENUE |
30 Aug 2023 | £941,990 | £925,000 | 1 SECOND AVENUE |
9 Jun 2023 | £377,566 | £370,000 | FLAT 5 ATHRINGTON COURT FIRST AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Apr 2021. Using an estimated price of £377,566 means this house is valued at £4,779 per sq meter (£444 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Southview Road |
Oct 2024 | Other theft | Under investigation | On or near Limmer Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Summerley Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Summerley Lane |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Summerley Lane |