£223,450
This estimated value is based upon the latest sale price for the house of £171,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £171,000 | 6 Jan 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 January 2017 the House Price Index for WEST SUSSEX was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £171,000 results in an estimated price of approximately £223,450.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £171,000 | £52,450 | £223,450 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | -9.704 % | £-16,593 | £154,406 |
| 3 Month Average | 6.033 % | £10,316 | £181,316 |
| 6 Month Average | 18.971 % | £32,440 | £203,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £158,344 | £156,000 | FLAT 5 AMELIA COURT, 1 UNION PLACE |
| 11 Apr 2023 | £149,611 | £148,000 | FLAT 41 AMELIA COURT, 1 UNION PLACE |
| 18 Jan 2023 | £186,621 | £187,500 | GROUND FLOOR SHOP 50 CHAPEL ROAD |
| 29 Jul 2022 | £170,459 | £170,000 | FLAT 46 HIGHDOWN COURT, 2 DURRINGTON LANE |
| 1 Jul 2022 | £147,898 | £147,500 | FLAT 14 HANOVER HOUSE, 48 CHAPEL ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 22 Dec 2015. Using an estimated price of £223,451 means this house is valued at £5,450 per sq meter (£506 per sq foot).
The average size of a house on CHAPEL ROAD is 39 sq meters (429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
| Apr 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |