£196,514
This estimated value is based upon the latest sale price for the house of £196,250 on 20 Dec 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Nep Close
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| Price Paid | Date |
|---|---|
| £196,250 | 20 Dec 2022 |
| £155,000 | 4 Sep 2020 |
| £110,000 | 28 Apr 2004 |
| £89,950 | 7 Feb 2003 |
| £83,000 | 6 Dec 2002 |
| £55,000 | 7 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 December 2022 the House Price Index for WEST SUSSEX was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £196,250 results in an estimated price of approximately £196,514.
| 20 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £196,250 | £264 | £196,514 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | -2.778 % | £-5,451 | £190,798 |
| 3 Month Average | -17.573 % | £-34,487 | £161,762 |
| 6 Month Average | -15.453 % | £-30,327 | £165,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £396,945 | £390,000 | 2 CEDAR VIEW NEP TOWN ROAD |
| 4 Dec 2023 | £437,658 | £430,000 | 3 WEAVERS COTTAGES WEAVERS LANE |
| 24 Nov 2023 | £284,208 | £280,000 | 1 WEAVERS COTTAGES WEAVERS LANE |
| 30 Jun 2023 | £733,890 | £725,000 | UNIT 1 VINALLS BUSINESS CENTRE |
| 28 Mar 2023 | £767,228 | £760,000 | 14 THE HOOKS |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 21 Jul 2018.
The average size of a house on WEAVERS LANE is 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Nep Close |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Springhills |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street |