£591,072
This estimated value is based upon the latest sale price for the house of £515,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £515,000 | 14 Dec 2020 |
| £450,000 | 8 Jul 2016 |
| £314,000 | 9 Aug 2013 |
| £275,000 | 17 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for WEST SUSSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £515,000 results in an estimated price of approximately £591,072.
| 14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £515,000 | £76,072 | £591,072 |
The Postcode Pricing Model uses changes in average sales price within the BN18 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 | 4.248 % | £21,875 | £536,875 |
| 3 Month Average | -3.194 % | £-16,448 | £498,551 |
| 6 Month Average | 8.440 % | £43,466 | £558,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £319,080 | £315,000 | 12 PARK PLACE |
| 20 Jul 2023 | £387,211 | £382,000 | 11 BOND STREET |
| 10 Jun 2022 | £867,256 | £855,000 | 50 MALTRAVERS STREET |
| 9 Jun 2022 | £507,167 | £500,000 | 10 ORCHARD PLACE |
| 8 Apr 2022 | £321,297 | £312,000 | 15 BOND STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 May 2016. Using an estimated price of £591,072 means this house is valued at £7,577 per sq meter (£704 per sq foot).
The average size of a house on KING STREET is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bond Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maltravers Street |