£178,019
This estimated value is based upon the latest sale price for the house of £147,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near Bakery Lane
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| Price Paid | Date |
|---|---|
| £147,000 | 15 Jun 2020 |
| £100,000 | 25 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 June 2020 the House Price Index for WEST SUSSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £147,000 results in an estimated price of approximately £178,019.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £147,000 | £31,019 | £178,019 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 167.966 % | £246,909 | £393,909 |
| 3 Month Average | 27.557 % | £40,509 | £187,509 |
| 6 Month Average | 17.325 % | £25,467 | £172,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £5,000 | £5,000 | 28 WEST STREET |
| 14 Aug 2023 | £124,086 | £123,000 | FLAT 6 WILTON HOUSE, 37 WEST STREET |
| 22 Mar 2023 | £161,522 | £160,000 | FLAT 19 WILTON HOUSE, 37 WEST STREET |
| 1 Mar 2023 | £325,567 | £322,500 | 17 BASSETT ROAD |
| 23 Jan 2023 | £243,851 | £245,000 | FLINT HOUSE, 1 BAKERY LANE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 1 Feb 2020. Using an estimated price of £178,019 means this house is valued at £4,564 per sq meter (£424 per sq foot).
The average size of a house on WEST STREET is 56 sq meters (612 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Bakery Lane |
| Feb 2024 | Burglary | Under investigation | On or near Bakery Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bakery Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bakery Lane |