£368,342
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 28 Jan 2022 |
| £175,000 | 24 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2022 the House Price Index for WEST SUSSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £350,000 results in an estimated price of approximately £368,342.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £350,000 | £18,342 | £368,342 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | -1.229 % | £-4,300 | £345,699 |
| 3 Month Average | -6.435 % | £-22,523 | £327,476 |
| 6 Month Average | 1.817 % | £6,360 | £356,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £505,442 | £500,000 | 39 POUND FARM ROAD |
| 25 Jul 2022 | £381,026 | £380,000 | 58A POUND FARM ROAD |
| 17 Jun 2022 | £821,611 | £810,000 | 45 OVING ROAD |
| 12 May 2022 | £611,523 | £600,000 | 227 OVING ROAD |
| 1 Apr 2022 | £424,792 | £412,500 | 17 BOGNOR ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Oct 2021. Using an estimated price of £368,343 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on POUND FARM ROAD is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pound Farm Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Farm Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pound Farm Road |
| Mar 2024 | Drugs | Under investigation | On or near Stride Close |
| Mar 2024 | Drugs | Under investigation | On or near Russell Street |