£417,028
This estimated value is based upon the latest sale price for the house of £387,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£387,000 | 24 Sep 2021 |
£190,000 | 12 May 2006 |
£81,000 | 27 May 1999 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 September 2021 the House Price Index for WEST SUSSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £387,000 results in an estimated price of approximately £417,028.
24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £387,000 | £30,028 | £417,028 |
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 | 2.823 % | £10,926 | £397,926 |
3 Month Average | 11.068 % | £42,832 | £429,832 |
6 Month Average | -5.136 % | £-19,875 | £367,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Sep 2022 | £190,462 | £192,000 | FLAT 5 LYNDHURST HOUSE, 63 LYNDHURST ROAD |
23 Jun 2022 | £390,519 | £385,000 | 81 GROVE ROAD |
25 Apr 2022 | £249,726 | £242,500 | 31 KINGSHAM AVENUE |
8 Mar 2022 | £492,225 | £475,000 | 56 GROVE ROAD |
7 Feb 2022 | £299,927 | £286,000 | 55 GROVE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Jun 2021. Using an estimated price of £417,028 means this house is valued at £5,346 per sq meter (£496 per sq foot).
The average size of a house on GROVE ROAD is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Herald Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyndhurst Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bramber Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Bramber Road |