£453,971
This estimated value is based upon the latest sale price for the house of £450,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 18 Aug 2023 |
| £381,000 | 25 Sep 2020 |
| £237,500 | 3 Feb 2014 |
| £220,000 | 18 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2023 the House Price Index for WEST SUSSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £450,000 results in an estimated price of approximately £453,971.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £450,000 | £3,971 | £453,971 |
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 | -64.541 % | £-290,434 | £159,565 |
| 3 Month Average | -9.214 % | £-41,463 | £408,536 |
| 6 Month Average | 8.380 % | £37,710 | £487,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £410,245 | £405,000 | 4 CHANCTONBURY DRIVE |
| 18 Aug 2023 | £453,971 | £450,000 | 57 THE AVENUE |
| 26 Jul 2023 | £395,321 | £390,000 | 33 THE LYNCHETTS |
| 25 Nov 2022 | £429,794 | £435,000 | 6 THE LYNCHETTS |
| 26 Aug 2022 | £329,114 | £330,000 | 12 THE LYNCHETTS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Sep 2013. Using an estimated price of £453,971 means this house is valued at £6,305 per sq meter (£585 per sq foot).
The average size of a house on THE AVENUE is 124 sq meters (1,344 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Buckingham Avenue |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Erringham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chanctonbury Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chanctonbury Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chanctonbury Drive |