£463,611
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 28 Oct 2016 |
| £93,000 | 12 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2016 the House Price Index for WEST SUSSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £350,000 results in an estimated price of approximately £463,611.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £350,000 | £113,611 | £463,611 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 22.134 % | £77,469 | £427,469 |
| 3 Month Average | 11.605 % | £40,617 | £390,617 |
| 6 Month Average | 16.313 % | £57,095 | £407,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £355,260 | £350,000 | 4 FITTLEWORTH DRIVE |
| 15 Sep 2023 | £329,209 | £325,000 | 28 FITTLEWORTH DRIVE |
| 22 Aug 2023 | £378,310 | £375,000 | 23 ALFRISTON CLOSE |
| 22 Jun 2023 | £308,740 | £305,000 | 20 ALFRISTON CLOSE |
| 3 Feb 2023 | £349,765 | £350,000 | 12 HOMEFIELD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Jan 2016. Using an estimated price of £463,612 means this house is valued at £5,151 per sq meter (£478 per sq foot).
The average size of a house on FLANSHAM LANE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Homefield Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clover Mead |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near West Brook Way |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Worms Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Worms Lane |