£222,394
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 18 Apr 2023 |
| £165,000 | 28 Nov 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 April 2023 the House Price Index for WEST SUSSEX was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £220,000 results in an estimated price of approximately £222,394.
| 18 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £220,000 | £2,394 | £222,394 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | -10.093 % | £-22,204 | £197,795 |
| 3 Month Average | -1.115 % | £-2,452 | £217,547 |
| 6 Month Average | 7.834 % | £17,235 | £237,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £243,607 | £240,000 | FLAT 2 CYPRESS PLACE, 11 OFFINGTON LANE |
| 28 Sep 2023 | £177,267 | £175,000 | 4 BECKET COURT RECTORY ROAD |
| 20 Jun 2023 | £248,004 | £245,000 | FLAT 6 RECTORY MEWS, 91 - 93 RECTORY ROAD |
| 1 Jun 2023 | £189,799 | £187,500 | 1 BECKET COURT RECTORY ROAD |
| 18 Apr 2023 | £222,395 | £220,000 | 136 RECTORY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Mar 2014. Using an estimated price of £222,395 means this house is valued at £2,365 per sq meter (£219 per sq foot).
The average size of a house on RECTORY ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Drugs | Local resolution | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Other crime | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |