£187,492
This estimated value is based upon the latest sale price for the house of £111,000 on 17 Oct 2006. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £111,000 | 17 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 October 2006 the House Price Index for WEST SUSSEX was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £111,000 results in an estimated price of approximately £187,492.
| 17 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £111,000 | £76,492 | £187,492 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 41.477 % | £46,039 | £157,039 |
| 3 Month Average | 51.508 % | £57,173 | £168,173 |
| 6 Month Average | 68.767 % | £76,331 | £187,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £263,907 | £260,000 | FLAT 1 WALLACE COURT WALLACE AVENUE |
| 3 Nov 2023 | £456,762 | £450,000 | 102 WALLACE AVENUE |
| 25 May 2022 | £222,187 | £218,000 | FLAT 6 WIMBORNE COURT BROOKLYN AVENUE |
| 27 Apr 2022 | £253,331 | £246,000 | FLAT 5 REIGATE COURT REIGATE ROAD |
| 26 Jan 2022 | £3,630,808 | £3,450,000 | 12 - 14 GORING ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 May 2014. Using an estimated price of £187,493 means this house is valued at £4,360 per sq meter (£405 per sq foot).
The average size of a house on WALLACE AVENUE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Under investigation | On or near Parking Area |