£1,273,046
This estimated value is based upon the latest sale price for the house of £750,000 on 7 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Nep Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £750,000 | 7 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 April 2010 the House Price Index for WEST SUSSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £750,000 results in an estimated price of approximately £1,273,046.
| 7 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £750,000 | £523,046 | £1,273,046 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | 11.314 % | £84,856 | £834,856 |
| 3 Month Average | 102.566 % | £769,245 | £1,519,245 |
| 6 Month Average | 59.167 % | £443,753 | £1,193,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £396,945 | £390,000 | 2 CEDAR VIEW NEP TOWN ROAD |
| 4 Dec 2023 | £437,658 | £430,000 | 3 WEAVERS COTTAGES WEAVERS LANE |
| 24 Nov 2023 | £284,208 | £280,000 | 1 WEAVERS COTTAGES WEAVERS LANE |
| 28 Jul 2023 | £810,914 | £800,000 | OAK COTTAGE HEWITTS |
| 30 Jun 2023 | £733,890 | £725,000 | UNIT 1 VINALLS BUSINESS CENTRE |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 26 May 2009. Using an estimated price of £1,273,047 means this house is valued at £6,844 per sq meter (£635 per sq foot).
The average size of a house on KING JAMES LANE is 104 sq meters (1,121 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Nep Close |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Springhills |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street |