£110,790
This estimated value is based upon the latest sale price for the house of £82,500 on 12 May 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £82,500 | 12 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 2016 the House Price Index for WEST SUSSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £82,500 results in an estimated price of approximately £110,790.
| 12 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £82,500 | £28,290 | £110,790 |
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 | 11.333 % | £9,349 | £91,849 |
| 3 Month Average | 26.457 % | £21,826 | £104,326 |
| 6 Month Average | 26.411 % | £21,788 | £104,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £5,000 | £5,000 | 28 WEST STREET |
| 15 Sep 2023 | £202,590 | £200,000 | 9 GROSVENOR COURT NORFOLK SQUARE |
| 17 Jul 2023 | £286,861 | £283,000 | 5 THE GABLES NORFOLK SQUARE |
| 3 Apr 2023 | £181,959 | £180,000 | FLAT 1 47 WEST STREET |
| 24 Feb 2023 | £599,597 | £600,000 | 59 WEST STREET |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 12 Oct 2012. Using an estimated price of £110,791 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on THE ESPLANADE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Royal Norfolk Mews |
| Mar 2024 | Burglary | Under investigation | On or near Norfolk Square |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scott Street |