£105,990
This estimated value is based upon the latest sale price for the house of £88,000 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£88,000 | 25 Mar 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 March 2020 the House Price Index for WEST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £88,000 results in an estimated price of approximately £105,990.
25 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £88,000 | £17,990 | £105,990 |
The Postcode Pricing Model uses changes in average sales price within the RH14 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 | 4.160 % | £3,660 | £91,660 |
3 Month Average | -0.039 % | £-33 | £87,966 |
6 Month Average | 12.259 % | £10,788 | £98,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £420,375 | £415,000 | 22 THE ALDERS |
10 Mar 2023 | £449,232 | £445,000 | 7 HIGH SEAT GARDENS |
24 Nov 2022 | £256,888 | £260,000 | 7 THE ALDERS |
26 Aug 2022 | £249,329 | £250,000 | 11 THE ALDERS |
21 Jul 2022 | £424,142 | £423,000 | 4 RHODES WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Dec 2012. Using an estimated price of £105,990 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on THE ALDERS is 98 sq meters (1,061 sq feet).