£402,378
This estimated value is based upon the latest sale price for the house of £300,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 26 Aug 2016 |
| £60,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2016 the House Price Index for WEST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £300,000 results in an estimated price of approximately £402,378.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £300,000 | £102,378 | £402,378 |
The Postcode Pricing Model uses changes in average sales price within the RH19 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 | 33.556 % | £100,667 | £400,667 |
| 3 Month Average | 28.154 % | £84,462 | £384,462 |
| 6 Month Average | 27.674 % | £83,022 | £383,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £510,225 | £500,000 | 82 THE GLADES |
| 7 Jun 2023 | £369,913 | £362,500 | 51 FARM CLOSE |
| 16 Mar 2023 | £488,152 | £480,000 | 47 THE GLADES |
| 3 Mar 2023 | £458,660 | £451,000 | 87 THE GLADES |
| 25 Jan 2023 | £606,621 | £605,000 | 79 FARM CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Jun 2014. Using an estimated price of £402,379 means this house is valued at £6,096 per sq meter (£566 per sq foot).
The average size of a house on THE GLADES is 79 sq meters (856 sq feet).