£430,211
This estimated value is based upon the latest sale price for the house of £425,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 9 Jun 2023 |
| £240,000 | 3 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 June 2023 the House Price Index for WEST SUSSEX was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £425,000 results in an estimated price of approximately £430,211.
| 9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £425,000 | £5,211 | £430,211 |
The Postcode Pricing Model uses changes in average sales price within the GU29 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 | -45.119 % | £-191,753 | £233,246 |
| 3 Month Average | -44.428 % | £-188,820 | £236,179 |
| 6 Month Average | -24.411 % | £-103,745 | £321,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £239,185 | £235,000 | FLAT 1 ROSELAWN JUNE LANE |
| 21 Nov 2023 | £466,913 | £460,000 | THE GARRETT HOUSE RUMBOLDS HILL |
| 9 Jun 2023 | £430,211 | £425,000 | 1 ORCHARD WAY |
| 6 Mar 2023 | £237,235 | £235,000 | FLAT 6 TUDOR HOUSE ST MARGARETS WAY |
| 1 Feb 2023 | £221,351 | £221,500 | 14 WYNDHAM PLACE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 29 Oct 2013. Using an estimated price of £430,211 means this house is valued at £3,807 per sq meter (£353 per sq foot).
The average size of a house on ORCHARD WAY is 109 sq meters (1,177 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Way |
| Dec 2023 | Anti-social behaviour | On or near Orchard Way | |
| Dec 2023 | Anti-social behaviour | On or near Orchard Way | |
| Dec 2023 | Anti-social behaviour | On or near Orchard Way | |
| Dec 2023 | Anti-social behaviour | On or near Orchard Way |