£163,072
This estimated value is based upon the latest sale price for the house of £160,000 on 4 May 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£160,000 | 4 May 2022 |
£132,500 | 10 Jan 2003 |
£53,000 | 14 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 May 2022 the House Price Index for WEST SUSSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £160,000 results in an estimated price of approximately £163,072.
4 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £160,000 | £3,072 | £163,072 |
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 | 85.469 % | £136,750 | £296,750 |
3 Month Average | -5.078 % | £-8,125 | £151,874 |
6 Month Average | -1.364 % | £-2,181 | £157,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2022 | £247,997 | £250,000 | FLAT 8 MARINE PARK NYEWOOD LANE |
1 Sep 2022 | £282,717 | £285,000 | FLAT 25 MARINE PARK NYEWOOD LANE |
29 Jul 2022 | £772,078 | £770,000 | WESSEX LODGE WESSEX AVENUE |
20 Jul 2022 | £225,607 | £225,000 | FLAT 10 CLAREHAVEN COURT WESSEX AVENUE |
27 May 2022 | £239,513 | £235,000 | FLAT 3 MARINE PARK NYEWOOD LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Sep 2020. Using an estimated price of £163,073 means this house is valued at £2,174 per sq meter (£201 per sq foot).
The average size of a house on NYEWOOD LANE is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wessex Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wessex Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Marine Drive West |
Feb 2024 | Burglary | Under investigation | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |