£180,613
This estimated value is based upon the latest sale price for the house of £130,500 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £130,500 | 18 Dec 2015 |
| £108,000 | 2 Dec 2005 |
| £55,000 | 14 Apr 2000 |
| £38,000 | 23 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2015 the House Price Index for WEST SUSSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £130,500 results in an estimated price of approximately £180,613.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £130,500 | £50,113 | £180,613 |
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 | 47.580 % | £62,092 | £192,592 |
| 3 Month Average | 25.180 % | £32,859 | £163,359 |
| 6 Month Average | 27.763 % | £36,230 | £166,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £361,000 | £361,000 | 48 MURINA AVENUE |
| 31 Aug 2023 | £348,045 | £345,000 | 10 ORCHARD WAY |
| 29 Jul 2022 | £230,621 | £230,000 | 19 ORCHARD WAY |
| 29 Jun 2022 | £326,616 | £322,000 | 22 ORCHARD WAY |
| 26 Jul 2021 | £373,511 | £325,000 | 93 CHICHESTER ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 21 Jan 2015. Using an estimated price of £180,614 means this house is valued at £4,200 per sq meter (£390 per sq foot).
The average size of a house on ORCHARD WAY is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Place |
| Dec 2023 | Other crime | Under investigation | On or near Jubilee Place |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jubilee Place |
| Feb 2024 | Other crime | Under investigation | On or near Sandymount Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Sandymount Avenue |