£306,741
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Sep 2019. 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 | 6 Sep 2019 |
| £192,000 | 23 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 964 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 September 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £250,000 results in an estimated price of approximately £306,741.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £250,000 | £56,741 | £306,741 |
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 | 58.095 % | £145,237 | £395,237 |
| 3 Month Average | 14.385 % | £35,963 | £285,963 |
| 6 Month Average | 13.228 % | £33,068 | £283,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £164,098 | £162,000 | 7 SUSSEX COURT MANOR WAY |
| 7 Aug 2023 | £151,324 | £150,000 | 4 MANOR COURT |
| 2 Feb 2023 | £174,882 | £175,000 | 11 SUSSEX COURT MANOR WAY |
| 1 Sep 2022 | £580,314 | £585,000 | 23 TEMPLESHEEN ROAD |
| 10 Aug 2022 | £164,557 | £165,000 | 8 MANOR COURT |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 22 Nov 2011. Using an estimated price of £306,741 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on ELMER ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coldicott Mews |