£281,874
This estimated value is based upon the latest sale price for the house of £55,950 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£55,950 | 22 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 1997 the House Price Index for WEST SUSSEX was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £55,950 results in an estimated price of approximately £281,874.
22 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 148.6 | 403.797 % | £55,950 | £225,924 | £281,874 |
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 | 129.937 % | £72,700 | £128,650 |
3 Month Average | 295.583 % | £165,378 | £221,328 |
6 Month Average | 349.168 % | £195,359 | £251,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £150,000 | £150,000 | FLAT 22 CAVENDISH HOUSE LENNOX STREET |
29 Sep 2023 | £108,386 | £107,000 | FLAT 18 CAVENDISH HOUSE LENNOX STREET |
29 Aug 2023 | £252,206 | £250,000 | FLAT 76 MOUNTBATTEN COURT BELMONT STREET |
4 Aug 2023 | £113,493 | £112,500 | FLAT 5 CAVENDISH HOUSE LENNOX STREET |
27 Jun 2023 | £109,830 | £108,500 | FLAT 2 CAVENDISH HOUSE LENNOX STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Sep 2014. Using an estimated price of £281,875 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on NORFOLK STREET is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
Mar 2024 | Drugs | Under investigation | On or near Norfolk Street |
Mar 2024 | Public order | Under investigation | On or near Norfolk Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |