£492,225
This estimated value is based upon the latest sale price for the house of £400,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 9 Aug 2019 |
| £235,000 | 28 Jul 2011 |
| £265,000 | 14 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 817 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £400,000 results in an estimated price of approximately £492,225.
| 9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £400,000 | £92,225 | £492,225 |
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 | 6.026 % | £24,103 | £424,103 |
| 3 Month Average | -4.079 % | £-16,317 | £383,682 |
| 6 Month Average | 11.086 % | £44,345 | £444,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £421,236 | £415,000 | FLAT 8 SHERATON LODGE WEST PARADE |
| 4 Sep 2023 | £157,007 | £155,000 | FLAT 22 WEST MANSIONS, 18 HEENE TERRACE |
| 5 Sep 2022 | £115,567 | £116,500 | FLAT 2 WEST MANSIONS, 18 HEENE TERRACE |
| 21 Jun 2022 | £329,659 | £325,000 | FLAT 30 WEST MANSIONS, 18 HEENE TERRACE |
| 29 Apr 2022 | £190,513 | £185,000 | FLAT 1 WEST MANSIONS, 18 HEENE TERRACE |
This house has a floor area of 75 sq meters or 817 sq feet when measured on 3 Feb 2011. Using an estimated price of £492,226 means this house is valued at £6,482 per sq meter (£602 per sq foot).
The average size of a house on WEST PARADE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Abbey Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
| Feb 2024 | Anti-social behaviour | On or near Abbey Road |