£428,932
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Aug 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 20 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 August 2012 the House Price Index for WEST SUSSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £250,000 results in an estimated price of approximately £428,932.
| 20 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £250,000 | £178,932 | £428,932 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 98.103 % | £245,256 | £495,256 |
| 3 Month Average | 53.087 % | £132,717 | £382,717 |
| 6 Month Average | 53.480 % | £133,700 | £383,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £242,102 | £240,000 | FLAT 22 GRASMERE COURT WORDSWORTH ROAD |
| 28 Mar 2024 | £284,369 | £280,000 | FLAT 4 LOMAS HOUSE, 43 WORDSWORTH ROAD |
| 18 Dec 2023 | £280,623 | £272,000 | FLAT 14 GRASMERE COURT WORDSWORTH ROAD |
| 6 Oct 2023 | £250,694 | £245,000 | FLAT 4 LINCOLN HOUSE, 66 - 68 SHELLEY ROAD |
| 16 Aug 2023 | £152,755 | £150,000 | FLAT 18 GRASMERE COURT WORDSWORTH ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Mar 2013. Using an estimated price of £428,933 means this house is valued at £6,401 per sq meter (£594 per sq foot).
The average size of a house on WORDSWORTH ROAD is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Southey Road |
| Aug 2024 | Burglary | Under investigation | On or near Wordsworth Road |