£530,011
This estimated value is based upon the latest sale price for the house of £350,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 29 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 August 2014 the House Price Index for WEST SUSSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £350,000 results in an estimated price of approximately £530,011.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £350,000 | £180,011 | £530,011 |
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 | 33.240 % | £116,340 | £466,340 |
| 3 Month Average | 44.819 % | £156,867 | £506,867 |
| 6 Month Average | 58.820 % | £205,870 | £555,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £188,295 | £185,000 | 9 FAIRLAWN DRIVE |
| 14 Aug 2023 | £580,075 | £575,000 | 11 BEAUMONT ROAD |
| 14 Jul 2023 | £608,186 | £600,000 | 15 BEAUMONT ROAD |
| 20 Mar 2023 | £656,182 | £650,000 | 3 GEORGIA AVENUE |
| 28 Feb 2023 | £194,869 | £195,000 | 2 FAIRLAWN DRIVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 2 May 2014. Using an estimated price of £530,011 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on GEORGIA AVENUE is 144 sq meters (1,558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beaumont Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Beaumont Road |
| Mar 2024 | Other theft | Under investigation | On or near Fairlawn Drive |
| Mar 2024 | Drugs | Offender given a caution | On or near Fairlawn Drive |