£278,244
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£240,000 | 30 Nov 2020 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 2020 the House Price Index for WEST SUSSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £240,000 results in an estimated price of approximately £278,244.
30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £240,000 | £38,244 | £278,244 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 9.542 % | £22,901 | £262,901 |
3 Month Average | 2.460 % | £5,902 | £245,902 |
6 Month Average | 3.978 % | £9,547 | £249,547 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £298,821 | £295,000 | 9 MONTGOMERY DRIVE |
14 Jun 2023 | £242,943 | £240,000 | 18 TEMPLARS CLOSE |
28 Apr 2023 | £227,449 | £225,000 | 7 MERLIN WAY |
5 Sep 2022 | £138,879 | £140,000 | 24 MEADOW COURT PRIESTLEY WAY |
14 Jul 2022 | £418,627 | £417,500 | 16 KILWICH CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 10 Mar 2020. Using an estimated price of £278,245 means this house is valued at £4,487 per sq meter (£416 per sq foot).
The average size of a house on MONTGOMERY DRIVE is 59 sq meters (639 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Local resolution | On or near Kynon Gardens |