£151,328
This estimated value is based upon the latest sale price for the house of £96,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near South Terrace
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| Price Paid | Date |
|---|---|
| £96,000 | 27 Jul 2007 |
| £15,000 | 8 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 July 2007 the House Price Index for WEST SUSSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £96,000 results in an estimated price of approximately £151,328.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £96,000 | £55,328 | £151,328 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 53.611 % | £51,466 | £147,466 |
| 3 Month Average | 36.843 % | £35,368 | £131,368 |
| 6 Month Average | 41.517 % | £39,856 | £135,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £269,719 | £265,000 | FLAT 2 55 SOUTH TERRACE |
| 28 Sep 2023 | £263,367 | £260,000 | 6 BERKELEY COURT IRVINE ROAD |
| 5 Apr 2023 | £133,437 | £132,000 | FLAT 8 3 FITZALAN ROAD |
| 4 Apr 2023 | £85,925 | £85,000 | FLAT 4 52 SOUTH TERRACE |
| 31 Jan 2023 | £142,330 | £143,000 | GROUND FLOOR EAST FLAT 54 SOUTH TERRACE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 29 Aug 2019. Using an estimated price of £151,329 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on SOUTH TERRACE is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near South Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near South Terrace |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Terrace |