£269,099
This estimated value is based upon the latest sale price for the house of £57,250 on 28 Aug 1998. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £57,250 | 28 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 1998 the House Price Index for WEST SUSSEX was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £57,250 results in an estimated price of approximately £269,099.
| 28 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £57,250 | £211,849 | £269,099 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 303.294 % | £173,635 | £230,885 |
| 3 Month Average | 325.985 % | £186,626 | £243,876 |
| 6 Month Average | 340.784 % | £195,098 | £252,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £345,000 | £345,000 | 16 ST CHRISTOPHERS CLOSE |
| 8 Mar 2024 | £355,411 | £349,950 | 17 ST CHRISTOPHERS CLOSE |
| 9 Oct 2023 | £255,759 | £249,950 | FLAT 22 WATERSMEET APPLEDRAM LANE NORTH |
| 11 Sep 2023 | £439,693 | £430,000 | 1 FERNLEIGH CLOSE |
| 25 Aug 2023 | £392,071 | £385,000 | 30 FISHBOURNE ROAD EAST |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 Sep 2020. Using an estimated price of £269,099 means this house is valued at £4,484 per sq meter (£416 per sq foot).
The average size of a house on APPLEDRAM LANE NORTH is 99 sq meters (1,065 sq feet).