£502,050
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 27 Mar 2015 |
| £285,000 | 20 Oct 2006 |
| £235,000 | 25 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2015 the House Price Index for WEST SUSSEX was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £345,000 results in an estimated price of approximately £502,050.
| 27 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £345,000 | £157,050 | £502,050 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | -43.313 % | £-149,430 | £195,569 |
| 3 Month Average | 25.895 % | £89,339 | £434,339 |
| 6 Month Average | 41.900 % | £144,554 | £489,554 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 Jul 2014.
The average size of a house on ORMONDE WAY is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormonde Way |
| Dec 2023 | Other theft | Under investigation | On or near Ormonde Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Saltings |