£226,042
This estimated value is based upon the latest sale price for the house of £223,000 on 10 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £223,000 | 10 Jul 2023 |
| £192,500 | 30 Jun 2017 |
| £81,000 | 20 Jul 2001 |
| £48,000 | 31 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
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 July 2023 the House Price Index for WEST SUSSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £223,000 results in an estimated price of approximately £226,042.
| 10 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £223,000 | £3,042 | £226,042 |
The Postcode Pricing Model uses changes in average sales price within the BN16 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 | 67.486 % | £150,494 | £373,494 |
| 3 Month Average | 0.657 % | £1,464 | £224,464 |
| 6 Month Average | -0.843 % | £-1,879 | £221,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £226,042 | £223,000 | 10 MARIGOLDS LODGE |
| 7 Jul 2023 | £217,933 | £215,000 | 4 MARIGOLDS LODGE |
| 1 Mar 2023 | £98,932 | £98,000 | FLAT 20 NORDSETER LODGE SEA LANE |
| 30 Nov 2022 | £657,041 | £665,000 | 70 SEA LANE |
| 10 Aug 2022 | £199,463 | £200,000 | FLAT 25 NORDSETER LODGE SEA LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sutherland Close |
| Feb 2024 | Drugs | Local resolution | On or near Knightscroft Close |
| Mar 2024 | Anti-social behaviour | On or near The Grangeway | |
| Mar 2024 | Anti-social behaviour | On or near The Grangeway | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hardham Close |