£629,576
This estimated value is based upon the latest sale price for the house of £630,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £630,000 | 20 Feb 2023 |
| £310,000 | 28 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 February 2023 the House Price Index for WEST SUSSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £630,000 results in an estimated price of approximately £629,576.
| 20 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £630,000 | £-423 | £629,576 |
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 | -17.917 % | £-112,874 | £517,125 |
| 3 Month Average | -17.920 % | £-112,893 | £517,106 |
| 6 Month Average | -16.127 % | £-101,601 | £528,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £154,982 | £153,000 | FLAT 3 1 ELLASDALE ROAD |
| 14 Jul 2023 | £233,138 | £230,000 | FLAT 16 VICTORIA PLACE VICTORIA DRIVE |
| 30 Jun 2023 | £123,496 | £122,000 | FLAT 7 VICTORIA COURT, 2 VICTORIA DRIVE |
| 28 Feb 2023 | £164,889 | £165,000 | FLAT 1 50A ALDWICK ROAD |
| 20 Feb 2023 | £629,576 | £630,000 | 15 VICTORIA DRIVE |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 13 Jun 2014. Using an estimated price of £629,576 means this house is valued at £2,810 per sq meter (£261 per sq foot).
The average size of a house on VICTORIA DRIVE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Charlwood Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Charlwood Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Wood Street |
| Mar 2024 | Possession of weapons | Under investigation | On or near Wood Street |