£577,717
This estimated value is based upon the latest sale price for the house of £561,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £561,000 | 14 Apr 2022 |
| £250,000 | 4 Jun 2004 |
| £83,000 | 21 Jun 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2022 the House Price Index for WEST SUSSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £561,000 results in an estimated price of approximately £577,717.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £561,000 | £16,717 | £577,717 |
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 | -25.872 % | £-145,143 | £415,856 |
| 3 Month Average | -13.573 % | £-76,142 | £484,857 |
| 6 Month Average | -6.214 % | £-34,860 | £526,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £395,861 | £390,000 | 6 BEACH MEWS |
| 27 Sep 2023 | £191,448 | £189,000 | FLAT 4 16 SOUTH TERRACE |
| 28 Apr 2023 | £156,687 | £155,000 | FLAT 4 4 SOUTH TERRACE |
| 30 Nov 2022 | £419,914 | £425,000 | 2 BEACH MEWS |
| 29 Jul 2022 | £300,810 | £300,000 | 7 THE OLD WAREHOUSE MEWS |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 2 Nov 2015. Using an estimated price of £577,717 means this house is valued at £3,588 per sq meter (£333 per sq foot).
The average size of a house on NORFOLK PLACE is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Gardens |
| Jan 2024 | Anti-social behaviour | On or near Norfolk Gardens |