£1,673,924
This estimated value is based upon the latest sale price for the house of £1,075,000 on 28 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £1,075,000 | 28 Apr 2014 |
| £1,075,000 | 28 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 229 sq meters or 2,464 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 April 2014 the House Price Index for WEST SUSSEX was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £1,075,000 results in an estimated price of approximately £1,673,924.
| 28 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £1,075,000 | £598,924 | £1,673,924 |
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 | 8.493 % | £91,297 | £1,166,297 |
| 3 Month Average | 30.346 % | £326,224 | £1,401,224 |
| 6 Month Average | 47.004 % | £505,290 | £1,580,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £583,641 | £575,000 | 8 MARINE CLOSE |
| 13 Apr 2023 | £232,503 | £230,000 | FLAT 11 SUN COURT RYE CLOSE |
| 1 Mar 2023 | £959,035 | £950,000 | 31 WEST PARADE |
| 28 Oct 2022 | £316,591 | £320,000 | FLAT 16 HASTINGS COURT WINCHELSEA GARDENS |
| 5 Oct 2022 | £692,543 | £700,000 | FLAT 2 VISTA MARE EAST, 42 WEST PARADE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 13 Dec 2013. Using an estimated price of £1,673,925 means this house is valued at £7,309 per sq meter (£679 per sq foot).
The average size of a house on WEST PARADE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Parade |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winchelsea Gardens |
| Feb 2024 | Anti-social behaviour | On or near Winchelsea Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Winchelsea Gardens | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Albany Close |