£495,945
This estimated value is based upon the latest sale price for the house of £499,950 on 15 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £499,950 | 15 Sep 2022 |
| Detached |
| Freehold |
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 September 2022 the House Price Index for WEST SUSSEX was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £499,950 results in an estimated price of approximately £495,945.
| 15 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £499,950 | £-4,004 | £495,945 |
The Postcode Pricing Model uses changes in average sales price within the BN12 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 | -37.853 % | £-189,245 | £310,704 |
| 3 Month Average | 15.715 % | £78,566 | £578,516 |
| 6 Month Average | 15.838 % | £79,183 | £579,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £561,805 | £555,000 | 43 LITTLE PADDOCKS |
| 4 Apr 2023 | £1,026,048 | £1,015,000 | 32 FERRINGHAM LANE |
| 15 Sep 2022 | £495,945 | £499,950 | 9 SOUTH POINT, 1 BEEHIVE LANE |
| 24 Jun 2022 | £86,218 | £85,000 | 9B OCEAN PARADE |
| 12 May 2022 | £703,251 | £690,000 | 8 OCEAN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Little Drive |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Little Drive |
| Mar 2024 | Other theft | Under investigation | On or near April Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ferring Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Close |