£285,498
This estimated value is based upon the latest sale price for the house of £238,000 on 2 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £238,000 | 2 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2020 the House Price Index for WEST SUSSEX was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £238,000 results in an estimated price of approximately £285,498.
| 2 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £238,000 | £47,498 | £285,498 |
The Postcode Pricing Model uses changes in average sales price within the RH19 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 | -30.882 % | £-73,498 | £164,501 |
| 3 Month Average | 13.954 % | £33,210 | £271,210 |
| 6 Month Average | 15.368 % | £36,576 | £274,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £302,865 | £300,000 | FLAT 84 ELIZABETH PLACE, 52 QUEENS ROAD |
| 21 Mar 2023 | £331,793 | £330,000 | FLAT 105 ELIZABETH PLACE, 52 QUEENS ROAD |
| 14 Jun 2022 | £239,932 | £237,500 | FLAT 9 ELIZABETH PLACE, 52 QUEENS ROAD |
| 20 May 2022 | £329,904 | £325,000 | FLAT 104 ELIZABETH PLACE, 52 QUEENS ROAD |
| 12 May 2022 | £332,949 | £328,000 | FLAT 34 ELIZABETH PLACE, 52 QUEENS ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Sep 2019. Using an estimated price of £285,499 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on QUEENS ROAD is 57 sq meters (620 sq feet).