£548,523
This estimated value is based upon the latest sale price for the house of £550,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £550,000 | 26 Aug 2022 |
| £249,000 | 11 Jan 2019 |
| £64,950 | 16 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2022 the House Price Index for WEST SUSSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £550,000 results in an estimated price of approximately £548,523.
| 26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £550,000 | £-1,476 | £548,523 |
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 | -48.146 % | £-264,801 | £285,198 |
| 3 Month Average | -18.776 % | £-103,267 | £446,732 |
| 6 Month Average | -1.122 % | £-6,173 | £543,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £290,000 | £290,000 | FLAT 10 LONGSTAFF HOUSE, 4 LONGSHORE DRIVE |
| 31 Jul 2023 | £312,202 | £308,000 | 27 NEW BARN ROAD |
| 17 Feb 2023 | £484,674 | £485,000 | 1A NEW BARN ROAD |
| 27 Jan 2023 | £484,717 | £487,000 | 4 NEW BARN ROAD |
| 26 Aug 2022 | £548,524 | £550,000 | 5 NEW BARN ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 16 Sep 2020. Using an estimated price of £548,524 means this house is valued at £4,728 per sq meter (£439 per sq foot).
The average size of a house on NEW BARN ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near New Barn Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near New Barn Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Japonica Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near New Barn Road |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Ashlings Way |