£634,133
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Mar 1997. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Mar 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for WEST SUSSEX was 28.4.
The House Price Index as of 1 Nov 2024 is 150.0 which is a change of 428.445%.Applying this 428.445% change to the original purchase price of £120,000 results in an estimated price of approximately £634,133.
| 4 Mar 1997 | 1 Nov 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 150.0 | 428.445 % | £120,000 | £514,133 | £634,133 |
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 | 574.813 % | £689,775 | £809,775 |
| 3 Month Average | 481.155 % | £577,386 | £697,386 |
| 6 Month Average | 476.918 % | £572,301 | £692,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £147,000 | £147,000 | GROUND FLOOR PREMISES 10 CHAPEL ROAD |
| 13 Jun 2024 | £95,000 | £95,000 | FLAT 36 HIGHDOWN COURT, 2 DURRINGTON LANE |
| 17 May 2024 | £100,000 | £100,000 | FLAT 44 HIGHDOWN COURT, 2 DURRINGTON LANE |
| 8 Dec 2023 | £236,260 | £229,000 | 1 CHRISTCHURCH HALL COTTAGES, 76 PORTLAND ROAD |
| 18 Jan 2023 | £188,002 | £187,500 | GROUND FLOOR SHOP 50 CHAPEL ROAD |