£388,808
This estimated value is based upon the latest sale price for the house of £69,000 on 19 Jun 1995. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £69,000 | 19 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 1995 the House Price Index for WEST SUSSEX was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £69,000 results in an estimated price of approximately £388,808.
| 19 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £69,000 | £319,808 | £388,808 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 424.926 % | £293,198 | £362,198 |
| 3 Month Average | 414.724 % | £286,159 | £355,159 |
| 6 Month Average | 435.030 % | £300,170 | £369,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £93,890 | £92,500 | 68 MELBOURNE ROAD |
| 25 Aug 2023 | £90,290 | £89,500 | 71 MELBOURNE ROAD |
| 27 Jul 2023 | £152,046 | £150,000 | 27 ST. RICHARDS LODGE, 91 SPITALFIELD LANE |
| 10 Jul 2023 | £238,206 | £235,000 | GROUND FLOOR FLAT 1 MELBOURNE ROAD |
| 31 Mar 2023 | £211,997 | £210,000 | 12 DOUGLAS MARTIN ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 Aug 2019. Using an estimated price of £388,809 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on SPITALFIELD LANE is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spitalfield Lane |
| Mar 2024 | Anti-social behaviour | On or near Spitalfield Lane | |
| Mar 2024 | Anti-social behaviour | On or near Spitalfield Lane | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spitalfield Lane |
| Dec 2023 | Shoplifting | Under investigation | On or near Spitalfield Lane |