£329,419
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Nov 2004 |
| £157,000 | 28 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 November 2004 the House Price Index for WEST SUSSEX was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £175,000 results in an estimated price of approximately £329,419.
| 29 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £175,000 | £154,419 | £329,419 |
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 | 83.313 % | £145,797 | £320,797 |
| 3 Month Average | 59.154 % | £103,519 | £278,519 |
| 6 Month Average | 61.532 % | £107,681 | £282,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £151,427 | £150,000 | FLAT 1 11 ELLASDALE ROAD |
| 9 Jan 2023 | £313,523 | £315,000 | 16 WOOD STREET |
| 25 Aug 2022 | £28,423 | £28,500 | TALDUA PLACE, 17 ELLASDALE ROAD |
| 24 Aug 2022 | £196,471 | £197,000 | FLAT 10 TALDUA PLACE, 17 ELLASDALE ROAD |
| 12 Aug 2022 | £229,383 | £230,000 | FLAT 1 TALDUA PLACE, 17 ELLASDALE ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 22 Nov 2018. Using an estimated price of £329,419 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on WOOD STREET is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Wood Street |
| Mar 2024 | Drugs | Under investigation | On or near Wood Street |
| Mar 2024 | Possession of weapons | Under investigation | On or near Wood Street |
| Feb 2024 | Anti-social behaviour | On or near Wood Street | |
| Feb 2024 | Anti-social behaviour | On or near Wood Street |