£175,005
This estimated value is based upon the latest sale price for the house of £139,650 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£139,650 | 2 Mar 2018 |
Terraced |
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 March 2018 the House Price Index for WEST SUSSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £139,650 results in an estimated price of approximately £175,005.
2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £139,650 | £35,355 | £175,005 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | -41.473 % | £-57,916 | £81,733 |
3 Month Average | 9.445 % | £13,189 | £152,839 |
6 Month Average | 29.181 % | £40,751 | £180,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £299,433 | £295,000 | FLAT 2 LYNDHURST HOUSE, 8 MONARCH WAY |
17 Feb 2023 | £259,825 | £260,000 | FLAT 1 THE OLD REFECTORY, 75 RAINBOW SQUARE |
9 Sep 2022 | £307,517 | £310,000 | 11 SOUTHLANDS WAY |
1 Sep 2022 | £426,555 | £430,000 | 38 LONGSHORE DRIVE |
21 Apr 2022 | £494,304 | £480,000 | 9 MONARCH WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Oct 2017. Using an estimated price of £175,005 means this house is valued at £1,861 per sq meter (£172 per sq foot).
The average size of a house on LONGSHORE DRIVE is 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Southlands Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Southlands Way |
Dec 2023 | Vehicle crime | Under investigation | On or near Southlands Way |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Rainbow Square |
Jan 2024 | Robbery | Unable to prosecute suspect | On or near Longshore Drive |