£272,999
This estimated value is based upon the latest sale price for the house of £222,500 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£222,500 | 25 Sep 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £222,500 results in an estimated price of approximately £272,999.
25 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £222,500 | £50,499 | £272,999 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | -36.940 % | £-82,190 | £140,309 |
3 Month Average | -11.083 % | £-24,659 | £197,840 |
6 Month Average | 5.557 % | £12,365 | £234,865 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £249,356 | £246,000 | 68 WATERLEA |
14 Apr 2023 | £313,374 | £310,000 | 1 OULTON WALK |
24 Feb 2023 | £274,815 | £275,000 | 48 WATERLEA |
27 Jan 2023 | £378,218 | £380,000 | 89 GREENACRES |
29 Apr 2022 | £329,536 | £320,000 | 13 WATERLEA |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Apr 2019. Using an estimated price of £273,000 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on WATERLEA is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Greenacres |
Mar 2024 | Burglary | Under investigation | On or near Norwich Road |
Mar 2024 | Burglary | Under investigation | On or near Norwich Road |
Mar 2024 | Burglary | Under investigation | On or near Norwich Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwich Road |