£392,628
This estimated value is based upon the latest sale price for the house of £320,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 23 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £320,000 results in an estimated price of approximately £392,628.
| 23 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £320,000 | £72,628 | £392,628 |
The Postcode Pricing Model uses changes in average sales price within the RH12 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 | -18.943 % | £-60,616 | £259,383 |
| 3 Month Average | -17.356 % | £-55,539 | £264,460 |
| 6 Month Average | -0.650 % | £-2,078 | £317,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £501,000 | £501,000 | 2 NORFOLK TERRACE |
| 7 Nov 2022 | £306,290 | £310,000 | 1A PARK TERRACE COURTYARD PARK TERRACE EAST |
| 4 Nov 2022 | £568,118 | £575,000 | SILVER MAPLE CHICHESTER TERRACE |
| 22 Jul 2022 | £376,012 | £375,000 | 1 GUNDRYS HOUSE CHICHESTER TERRACE |
| 25 Mar 2022 | £310,879 | £300,000 | FLAT 1 PRECISION COURT PARK TERRACE EAST |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Apr 2019. Using an estimated price of £392,629 means this house is valued at £5,529 per sq meter (£513 per sq foot).
The average size of a house on PARK TERRACE WEST is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Park Terrace West |
| Mar 2024 | Other crime | Under investigation | On or near Norfolk Terrace |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jan 2024 | Anti-social behaviour | On or near Wellington Road |