£394,001
This estimated value is based upon the latest sale price for the house of £242,500 on 14 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £242,500 | 14 Nov 2013 |
| £217,000 | 16 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2013 the House Price Index for WEST SUSSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £242,500 results in an estimated price of approximately £394,001.
| 14 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £242,500 | £151,501 | £394,001 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 107.266 % | £260,120 | £502,620 |
| 3 Month Average | 46.703 % | £113,254 | £355,754 |
| 6 Month Average | 50.937 % | £123,522 | £366,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £164,098 | £162,000 | 7 SUSSEX COURT MANOR WAY |
| 7 Aug 2023 | £151,324 | £150,000 | 4 MANOR COURT |
| 2 Feb 2023 | £174,882 | £175,000 | 11 SUSSEX COURT MANOR WAY |
| 2 Feb 2023 | £194,869 | £195,000 | 4 SUSSEX COURT MANOR WAY |
| 1 Sep 2022 | £580,314 | £585,000 | 23 TEMPLESHEEN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Mar 2013. Using an estimated price of £394,002 means this house is valued at £5,253 per sq meter (£488 per sq foot).
The average size of a house on TEMPLESHEEN ROAD is 132 sq meters (1,424 sq feet).