£342,419
This estimated value is based upon the latest sale price for the house of £227,500 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£227,500 | 30 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for WEST SUSSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £227,500 results in an estimated price of approximately £342,419.
30 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £227,500 | £114,919 | £342,419 |
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 | 24.808 % | £56,437 | £283,937 |
3 Month Average | 22.316 % | £50,768 | £278,268 |
6 Month Average | 31.946 % | £72,676 | £300,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £65,574 | £65,000 | FLAT 53 HOMECROFT HOUSE SYLVAN WAY |
7 Nov 2022 | £83,983 | £85,000 | FLAT 19 HOMECROFT HOUSE SYLVAN WAY |
14 Oct 2022 | £197,870 | £200,000 | FLAT 8 OLIVIA COURT, 26 VICTORIA DRIVE |
22 Jul 2022 | £195,526 | £195,000 | FLAT 4 OLIVIA COURT, 26 VICTORIA DRIVE |
16 Dec 2021 | £83,567 | £78,000 | FLAT 16 HOMECROFT HOUSE SYLVAN WAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Sep 2013. Using an estimated price of £342,419 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on WELLINGTON ROAD is 104 sq meters (1,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Road |
Feb 2024 | Anti-social behaviour | On or near The Orchard Close | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard Close |
Feb 2024 | Anti-social behaviour | On or near The Orchard Close |