£370,405
This estimated value is based upon the latest sale price for the house of £303,161 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £303,161 | 12 Dec 2019 |
| Freehold |
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 December 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £303,161 results in an estimated price of approximately £370,405.
| 12 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £303,161 | £67,244 | £370,405 |
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 | -2.233 % | £-6,770 | £296,390 |
| 3 Month Average | -6.848 % | £-20,759 | £282,401 |
| 6 Month Average | 1.427 % | £4,327 | £307,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jan 2023 | £718,687 | £725,000 | CYPRESS COTTAGE NEWTOWN |
| 25 Mar 2022 | £129,010 | £125,000 | FLAT 401 THE TANKARD BUILDING WARWICK BREWERY |
| 18 Mar 2022 | £335,425 | £325,000 | THIRD AND FOURTH FLOOR MAISONETTE 15 MARKWICK TERRACE |
| 19 Nov 2021 | £86,118 | £79,950 | 56 MARITIME CRESCENT |
| 15 Oct 2021 | £275,503 | £250,000 | UNIT 7 FOURTH AVENUE |