£224,922
This estimated value is based upon the latest sale price for the house of £132,000 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £132,000 | 20 Dec 2012 |
| £136,000 | 10 Feb 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 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 December 2012 the House Price Index for WEST SUSSEX was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £132,000 results in an estimated price of approximately £224,922.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £132,000 | £92,922 | £224,922 |
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 | 50.583 % | £66,769 | £198,769 |
| 3 Month Average | 59.757 % | £78,878 | £210,878 |
| 6 Month Average | 53.804 % | £71,021 | £203,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £133,021 | £130,000 | FLAT 14 VILLA PLAGE, 154 - 160 ELMER ROAD |
| 25 Sep 2023 | £265,861 | £260,000 | FLAT 21 VILLA PLAGE, 154 - 160 ELMER ROAD |
| 17 Aug 2023 | £110,493 | £108,500 | FLAT 25 VILLA PLAGE, 154 - 160 ELMER ROAD |
| 30 Mar 2023 | £422,048 | £415,000 | 145 ELMER ROAD |
| 6 Mar 2023 | £610,190 | £600,000 | 27 THE LAYNE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Oct 2019. Using an estimated price of £224,922 means this house is valued at £4,410 per sq meter (£409 per sq foot).
The average size of a house on ELMER ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Coldicott Mews |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Deepdene Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Walk |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arundel Way |