£777,793
This estimated value is based upon the latest sale price for the house of £770,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£770,000 | 29 Jul 2022 |
£510,000 | 18 Dec 2019 |
£365,000 | 18 Mar 2011 |
Semi-Detached |
Freehold |
Floor Area: 173 sq meters or 1,864 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 July 2022 the House Price Index for WEST SUSSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £770,000 results in an estimated price of approximately £777,793.
29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £770,000 | £7,793 | £777,793 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | -44.086 % | £-339,464 | £430,535 |
3 Month Average | -12.480 % | £-96,097 | £673,902 |
6 Month Average | -8.890 % | £-68,451 | £701,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2022 | £761,440 | £765,000 | 6 PRINCESS AVENUE |
2 Nov 2022 | £253,813 | £255,000 | 97A ALDWICK ROAD |
8 Sep 2022 | £249,833 | £250,000 | FLAT 8 MARINE PARK NYEWOOD LANE |
1 Sep 2022 | £284,810 | £285,000 | FLAT 25 MARINE PARK NYEWOOD LANE |
29 Jul 2022 | £777,794 | £770,000 | WESSEX LODGE WESSEX AVENUE |
This house has a floor area of 173 sq meters or 1,864 sq feet when measured on 21 Apr 2010. Using an estimated price of £777,794 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on WESSEX AVENUE is 116 sq meters (1,248 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wessex Avenue |
Sep 2024 | Anti-social behaviour | On or near Wessex Avenue | |
Sep 2024 | Anti-social behaviour | On or near Wessex Avenue |