£831,051
This estimated value is based upon the latest sale price for the house of £840,000 on 5 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£840,000 | 5 Oct 2022 |
£675,000 | 11 Jun 2019 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,743 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 2022 the House Price Index for WEST SUSSEX was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £840,000 results in an estimated price of approximately £831,051.
5 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £840,000 | £-8,948 | £831,051 |
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 | 29.551 % | £248,226 | £1,088,226 |
3 Month Average | -6.000 % | £-50,398 | £789,601 |
6 Month Average | -11.538 % | £-96,916 | £743,083 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £786,646 | £775,000 | 47 WHYKE LANE |
31 Jul 2023 | £187,524 | £185,000 | 6 VELYN AVENUE |
24 Jan 2023 | £373,242 | £375,000 | 11 ORMONDE AVENUE |
5 Oct 2022 | £831,052 | £840,000 | 1 SPIRE VIEW ORMONDE AVENUE |
4 Jan 2022 | £199,958 | £190,000 | FLAT 6 BAYTON COURT VELYN AVENUE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 10 Dec 2018. Using an estimated price of £831,052 means this house is valued at £5,129 per sq meter (£476 per sq foot).
The average size of a house on ORMONDE AVENUE is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Quest Close |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Quest Close |
Jan 2024 | Anti-social behaviour | On or near Quest Close |