£384,191
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£180,000 | 6 Feb 2004 |
£97,500 | 19 Jun 1998 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 February 2004 the House Price Index for WEST SUSSEX was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £180,000 results in an estimated price of approximately £384,191.
6 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £180,000 | £204,191 | £384,191 |
The Postcode Pricing Model uses changes in average sales price within the RH13 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 | 170.677 % | £307,219 | £487,219 |
3 Month Average | 134.325 % | £241,785 | £421,785 |
6 Month Average | 125.748 % | £226,346 | £406,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £503,601 | £492,500 | 25 ELGAR WAY |
29 Sep 2023 | £419,242 | £410,000 | 44 ELGAR WAY |
1 Sep 2023 | £132,930 | £130,000 | 133 SOUTH HOLMES ROAD |
26 Apr 2023 | £687,866 | £675,000 | 1 DELIUS GARDENS |
28 Mar 2023 | £426,116 | £419,000 | 16 DELIUS GARDENS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 May 2015. Using an estimated price of £384,191 means this house is valued at £6,298 per sq meter (£585 per sq foot).
The average size of a house on DELIUS GARDENS is 93 sq meters (1,003 sq feet).