£424,653
This estimated value is based upon the latest sale price for the house of £370,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 18 Dec 2020 |
| £166,500 | 19 Jul 2002 |
| £153,500 | 17 Jul 2000 |
| Detached |
| 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 December 2020 the House Price Index for WEST SUSSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £370,000 results in an estimated price of approximately £424,653.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £370,000 | £54,653 | £424,653 |
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 | -14.713 % | £-54,437 | £315,562 |
| 3 Month Average | -10.878 % | £-40,247 | £329,752 |
| 6 Month Average | 10.778 % | £39,879 | £409,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £1,055,628 | £1,040,000 | OFFICE 1 19 FARNCOMBE ROAD |
| 6 Sep 2023 | £201,577 | £199,000 | FLAT 1 32 MADEIRA AVENUE |
| 4 Sep 2023 | £496,346 | £490,000 | 68 MADEIRA AVENUE |
| 31 Aug 2023 | £220,933 | £219,000 | FLAT 4 REYDON HOUSE, 81 LYNDHURST ROAD |
| 23 Jan 2023 | £384,190 | £386,000 | 29 CRANWORTH ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 Jul 2017. Using an estimated price of £424,654 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on MADEIRA AVENUE is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |