£111,321
This estimated value is based upon the latest sale price for the house of £90,000 on 13 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£90,000 | 13 Aug 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 August 2018 the House Price Index for WEST SUSSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £90,000 results in an estimated price of approximately £111,321.
13 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £90,000 | £21,321 | £111,321 |
The Postcode Pricing Model uses changes in average sales price within the RH10 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 | -11.543 % | £-10,389 | £79,610 |
3 Month Average | -2.130 % | £-1,917 | £88,082 |
6 Month Average | 3.354 % | £3,018 | £93,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £202,590 | £200,000 | FLAT 18 CHODA HOUSE COMMONWEALTH DRIVE |
1 Jul 2022 | £213,074 | £212,500 | FLAT 28 RAMPLING COURT COMMONWEALTH DRIVE |
28 Jan 2022 | £232,582 | £221,000 | FLAT 56 TOMLIN COURT COMMONWEALTH DRIVE |
20 Aug 2021 | £217,545 | £195,000 | FLAT 55 TOMLIN COURT COMMONWEALTH DRIVE |
17 Jun 2021 | £193,126 | £180,000 | FLAT 19 RAMPLING COURT COMMONWEALTH DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Jan 2016. Using an estimated price of £111,321 means this house is valued at £1,855 per sq meter (£172 per sq foot).
The average size of a house on COMMONWEALTH DRIVE is 67 sq meters (727 sq feet).