£369,625
This estimated value is based upon the latest sale price for the house of £345,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 3 Dec 2021 |
| £250,000 | 18 Nov 2019 |
| £177,950 | 23 May 2006 |
| £152,500 | 18 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2021 the House Price Index for WEST SUSSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £345,000 results in an estimated price of approximately £369,625.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £345,000 | £24,625 | £369,625 |
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 | 21.499 % | £74,170 | £419,170 |
| 3 Month Average | -1.463 % | £-5,047 | £339,952 |
| 6 Month Average | -7.165 % | £-24,719 | £320,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £345,109 | £340,000 | 10 ARMADA WAY |
| 22 Aug 2023 | £332,912 | £330,000 | 56 WINDWARD CLOSE |
| 30 May 2022 | £285,377 | £280,000 | 15 ARMADA WAY |
| 20 May 2022 | £264,993 | £260,000 | 75 WINDWARD CLOSE |
| 18 Mar 2022 | £290,153 | £280,000 | 18 THE MOORINGS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Jun 2019. Using an estimated price of £369,625 means this house is valued at £5,356 per sq meter (£497 per sq foot).
The average size of a house on ARMADA WAY is 58 sq meters (626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Moorings | |
| Feb 2024 | Anti-social behaviour | On or near The Moorings | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Ensign Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ensign Way |
| Dec 2023 | Possession of weapons | Local resolution | On or near Ensign Way |