£344,326
This estimated value is based upon the latest sale price for the house of £229,995 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £229,995 | 17 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 719 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 October 2014 the House Price Index for WEST SUSSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £229,995 results in an estimated price of approximately £344,326.
| 17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £229,995 | £114,331 | £344,326 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | 7.735 % | £17,790 | £247,785 |
| 3 Month Average | 3.950 % | £9,083 | £239,078 |
| 6 Month Average | 20.995 % | £48,287 | £278,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £221,942 | £220,000 | 8 BARNES MEWS |
| 5 Apr 2023 | £606,531 | £600,000 | 46 KINGS GATE |
| 21 Oct 2022 | £534,248 | £540,000 | 48 KINGS GATE |
| 11 Dec 2020 | £602,550 | £525,000 | 1 KINGS MEWS |
| 4 Sep 2020 | £427,457 | £360,000 | 16 - 18 WORTHING ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 12 Mar 2012. Using an estimated price of £344,327 means this house is valued at £5,153 per sq meter (£478 per sq foot).
The average size of a house on BISHOPRIC is 80 sq meters (865 sq feet).