£370,616
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There have been two burglaries within the last year on or near Parking Area
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Price Paid | Date |
---|---|
£300,000 | 29 Mar 2019 |
£250,000 | 30 Jan 2015 |
£249,950 | 29 Jun 2007 |
£99,500 | 4 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 March 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £300,000 results in an estimated price of approximately £370,616.
29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £300,000 | £70,616 | £370,616 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 53.165 % | £159,494 | £459,494 |
3 Month Average | 5.715 % | £17,145 | £317,145 |
6 Month Average | 2.704 % | £8,112 | £308,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £783,712 | £770,000 | 5 ALEXANDRA TERRACE |
26 Jul 2023 | £461,207 | £455,000 | APARTMENT 43 ESPLANADE GRANDE THE ESPLANADE |
23 Jun 2023 | £359,353 | £355,000 | FLAT 25 BERKELEY COURT THE ESPLANADE |
17 Mar 2023 | £593,088 | £587,500 | COAST ALBERT ROAD |
26 Oct 2022 | £464,993 | £470,000 | APARTMENT 21 ESPLANADE GRANDE THE ESPLANADE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Mar 2014. Using an estimated price of £370,616 means this house is valued at £4,575 per sq meter (£425 per sq foot).
The average size of a house on THE ESPLANADE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Parking Area |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
Jan 2024 | Anti-social behaviour | On or near Parking Area |