£383,759
This estimated value is based upon the latest sale price for the house of £149,500 on 6 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £149,500 | 6 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2002 the House Price Index for WEST SUSSEX was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £149,500 results in an estimated price of approximately £383,759.
| 6 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £149,500 | £234,259 | £383,759 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 126.490 % | £189,103 | £338,603 |
| 3 Month Average | 102.956 % | £153,919 | £303,419 |
| 6 Month Average | 112.194 % | £167,730 | £317,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £395,861 | £390,000 | 6 BEACH MEWS |
| 4 Aug 2023 | £160,403 | £159,000 | FLAT 5 26 NORFOLK ROAD |
| 28 Jun 2023 | £217,636 | £215,000 | FLAT 4 32 NORFOLK ROAD |
| 30 Nov 2022 | £419,914 | £425,000 | 2 BEACH MEWS |
| 7 Dec 2021 | £168,742 | £157,500 | ADA COTTAGE 24 NORFOLK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Jun 2017. Using an estimated price of £383,759 means this house is valued at £4,514 per sq meter (£419 per sq foot).
The average size of a house on NORFOLK ROAD is 72 sq meters (781 sq feet).