£936,614
This estimated value is based upon the latest sale price for the house of £550,000 on 24 Sep 2012. 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 Lower Station Road
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 24 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,619 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 September 2012 the House Price Index for WEST SUSSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £550,000 results in an estimated price of approximately £936,614.
| 24 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £550,000 | £386,614 | £936,614 |
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 | 22.953 % | £126,241 | £676,241 |
| 3 Month Average | 96.124 % | £528,683 | £1,078,683 |
| 6 Month Average | 52.888 % | £290,885 | £840,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £232,030 | £230,000 | FLAT 2 WESTLANDS STATION ROAD |
| 22 Mar 2023 | £415,918 | £412,000 | 1 NEW COTTAGES LOWER STATION ROAD |
| 14 Oct 2022 | £443,228 | £448,000 | 3 LOWER FAIRCOX |
| 23 Jun 2022 | £765,823 | £755,000 | OAKLEIGH LOWER FAIRCOX |
| 22 Jun 2022 | £694,819 | £685,000 | OLD BARNES COTTAGE UPPER STATION ROAD |
This house has a floor area of 150 sq meters or 1,619 sq feet when measured on 7 Oct 2011. Using an estimated price of £936,615 means this house is valued at £6,223 per sq meter (£578 per sq foot).
The average size of a house on LOWER STATION ROAD is 132 sq meters (1,426 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Station Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lower Station Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lower Faircox |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ganders Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ganders Close |