£401,254
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£250,000 | 20 Dec 2013 |
£210,000 | 23 Feb 2006 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 December 2013 the House Price Index for WEST SUSSEX was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £250,000 results in an estimated price of approximately £401,254.
20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £250,000 | £151,254 | £401,254 |
The Postcode Pricing Model uses changes in average sales price within the GU28 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 | 51.358 % | £128,396 | £378,396 |
3 Month Average | 144.467 % | £361,166 | £611,166 |
6 Month Average | 92.322 % | £230,805 | £480,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £202,452 | £200,000 | 10 MORGAN COURT STATION ROAD |
17 Jun 2022 | £481,809 | £475,000 | NEW HOUSE STATION ROAD |
26 Apr 2022 | £381,026 | £370,000 | 14 SOUTH GROVE |
22 Apr 2022 | £319,238 | £310,000 | 2 STATION ROAD |
22 Mar 2022 | £176,165 | £170,000 | 11 CEDAR COURT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Aug 2013. Using an estimated price of £401,254 means this house is valued at £4,834 per sq meter (£449 per sq foot).
There is one other house on the street which we know the size of, this is OLIVERS COTTAGE SOUTH GROVE it is 72.0