£161,577
This estimated value is based upon the latest sale price for the house of £125,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 13 Apr 2017 |
| £105,000 | 6 Dec 2013 |
| £120,000 | 4 Dec 2009 |
| £96,500 | 5 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 445 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 2017 the House Price Index for WEST SUSSEX was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £125,000 results in an estimated price of approximately £161,577.
| 13 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £125,000 | £36,577 | £161,577 |
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 | 38.761 % | £48,450 | £173,450 |
| 3 Month Average | 20.311 % | £25,388 | £150,388 |
| 6 Month Average | 15.069 % | £18,835 | £143,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £271,720 | £273,000 | 15 GRAVITS LANE |
| 25 Jul 2022 | £250,675 | £250,000 | 4 SANDRINGHAM WAY |
| 14 Jul 2022 | £280,756 | £280,000 | 13 KENILWORTH ROAD |
| 19 Nov 2021 | £162,227 | £150,000 | 3 JASMINE COURT HAWTHORN ROAD |
| 29 Oct 2021 | £165,972 | £150,000 | 4 JASMINE COURT HAWTHORN ROAD |
This house has a floor area of 41 sq meters or 445 sq feet when measured on 15 Jul 2009. Using an estimated price of £161,578 means this house is valued at £3,901 per sq meter (£362 per sq foot).
The average size of a house on GRAVITS LANE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Shoplifting | Offender given a caution | On or near Supermarket |
| Feb 2024 | Public order | Under investigation | On or near Supermarket |