£159,784
This estimated value is based upon the latest sale price for the house of £160,000 on 18 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 |
|---|---|
| £160,000 | 18 Jul 2022 |
| £114,000 | 3 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 444 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 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £160,000 results in an estimated price of approximately £159,784.
| 18 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £160,000 | £-215 | £159,784 |
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 | -16.860 % | £-26,975 | £133,024 |
| 3 Month Average | -1.582 % | £-2,531 | £157,468 |
| 6 Month Average | -1.422 % | £-2,274 | £157,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £193,175 | £192,000 | 75D LONDON ROAD |
| 31 Mar 2023 | £603,261 | £600,000 | 2 ASHPLATS MEWS |
| 15 Feb 2023 | £413,046 | £415,000 | 9 ASHPLATS MEWS |
| 23 Sep 2022 | £395,194 | £400,000 | 15 ASHPLATS MEWS |
| 9 Sep 2022 | £395,194 | £400,000 | 11 ASHPLATS MEWS |
This house has a floor area of 41 sq meters or 444 sq feet when measured on 19 Sep 2011. Using an estimated price of £159,784 means this house is valued at £3,867 per sq meter (£359 per sq foot).
The average size of a house on INSTITUTE WALK is 61 sq meters (664 sq feet).