£614,352
This estimated value is based upon the latest sale price for the house of £460,000 on 20 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 20 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 June 2016 the House Price Index for WEST SUSSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £460,000 results in an estimated price of approximately £614,352.
| 20 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £460,000 | £154,352 | £614,352 |
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 | 18.010 % | £82,846 | £542,846 |
| 3 Month Average | 10.772 % | £49,553 | £509,553 |
| 6 Month Average | 26.063 % | £119,890 | £579,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £893,658 | £903,280 | 3 KINGSWAY |
| 29 Jun 2022 | £696,848 | £687,000 | 25 FERNHURST GARDENS |
| 19 Jan 2022 | £768,205 | £729,950 | 56 BARRACK LANE |
| 25 Jun 2021 | £348,700 | £325,000 | 2 OLD FARM CLOSE |
| 3 Dec 2020 | £661,083 | £576,000 | 5 SEACOURT CLOSE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 21 Jan 2016. Using an estimated price of £614,353 means this house is valued at £3,839 per sq meter (£356 per sq foot).
The average size of a house on BARRACK LANE is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Grange Field Way | |
| Jan 2024 | Anti-social behaviour | On or near Grange Field Way | |
| Jan 2024 | Anti-social behaviour | On or near Grange Field Way | |
| Jan 2024 | Anti-social behaviour | On or near Grange Field Way | |
| Jan 2024 | Anti-social behaviour | On or near Halnaker Gardens |