£359,142
This estimated value is based upon the latest sale price for the house of £270,000 on 22 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 22 Jun 2016 |
| £75,000 | 30 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for WEST SUSSEX was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £270,000 results in an estimated price of approximately £359,142.
| 22 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £270,000 | £89,142 | £359,142 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 1.968 % | £5,313 | £275,313 |
| 3 Month Average | -10.513 % | £-28,384 | £241,615 |
| 6 Month Average | 16.731 % | £45,172 | £315,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £300,000 | £300,000 | 37 LONDON STREET |
| 27 Mar 2024 | £364,732 | £363,500 | 45 LONDON STREET |
| 3 Nov 2023 | £159,557 | £157,509 | 36 LONDON STREET |
| 3 Apr 2023 | £382,845 | £380,000 | 111 CLIFTON ROAD |
| 13 Mar 2023 | £422,283 | £420,000 | 66 CLIFTON ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Aug 2015. Using an estimated price of £359,142 means this house is valued at £3,388 per sq meter (£314 per sq foot).
The average size of a house on CLIFTON ROAD is 70 sq meters (756 sq feet).