£510,359
This estimated value is based upon the latest sale price for the house of £492,500 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £492,500 | 23 Mar 2022 |
| £257,000 | 9 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 March 2022 the House Price Index for WEST SUSSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £492,500 results in an estimated price of approximately £510,359.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £492,500 | £17,859 | £510,359 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 66.821 % | £329,092 | £821,592 |
| 3 Month Average | -5.474 % | £-26,957 | £465,542 |
| 6 Month Average | 2.266 % | £11,160 | £503,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £233,456 | £230,000 | FLAT 1 7 RICHMOND AVENUE |
| 2 Sep 2022 | £132,431 | £133,500 | FLAT 14 BICKLEYS COURT RICHMOND AVENUE |
| 29 Jul 2022 | £772,078 | £770,000 | WESSEX LODGE WESSEX AVENUE |
| 20 Jul 2022 | £225,607 | £225,000 | FLAT 10 CLAREHAVEN COURT WESSEX AVENUE |
| 24 Jun 2022 | £144,036 | £142,000 | FLAT 9 BICKLEYS COURT RICHMOND AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 1 Jun 2021. Using an estimated price of £510,359 means this house is valued at £3,895 per sq meter (£361 per sq foot).
The average size of a house on ALDWICK ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wessex Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wessex Avenue |