£201,416
This estimated value is based upon the latest sale price for the house of £107,000 on 12 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 |
---|---|
£107,000 | 12 Nov 2004 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 £107,000 results in an estimated price of approximately £201,416.
12 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £107,000 | £94,416 | £201,416 |
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 | -14.702 % | £-15,731 | £91,268 |
3 Month Average | 50.170 % | £53,681 | £160,681 |
6 Month Average | 64.666 % | £69,192 | £176,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £5,000 | £5,000 | 28 WEST STREET |
14 Aug 2023 | £124,086 | £123,000 | FLAT 6 WILTON HOUSE, 37 WEST STREET |
28 Jul 2023 | £248,342 | £245,000 | FLAT 5 STEYNE HALL THE STEYNE |
3 Apr 2023 | £181,959 | £180,000 | FLAT 1 47 WEST STREET |
22 Mar 2023 | £161,522 | £160,000 | FLAT 19 WILTON HOUSE, 37 WEST STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Jul 2016. Using an estimated price of £201,416 means this house is valued at £2,877 per sq meter (£267 per sq foot).
The average size of a house on WEST STREET is 56 sq meters (612 sq feet).