£307,026
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 2 Mar 2018 |
| £201,000 | 19 Jun 2015 |
| £135,000 | 24 Jun 2011 |
| £202,500 | 28 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 March 2018 the House Price Index for WEST SUSSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £245,000 results in an estimated price of approximately £307,026.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £245,000 | £62,026 | £307,026 |
The Postcode Pricing Model uses changes in average sales price within the BN14 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 | -28.825 % | £-70,621 | £174,378 |
| 3 Month Average | 23.440 % | £57,426 | £302,426 |
| 6 Month Average | 33.860 % | £82,958 | £327,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £243,607 | £240,000 | FLAT 2 CYPRESS PLACE, 11 OFFINGTON LANE |
| 16 Jun 2023 | £124,508 | £123,000 | FLAT 2 GUARDIAN COURT ROGATE ROAD |
| 15 Feb 2023 | £189,872 | £190,000 | 8A LITTLEHAMPTON ROAD |
| 13 Apr 2022 | £92,682 | £90,000 | 29 CARLTON HOUSE LITTLEHAMPTON ROAD |
| 10 Mar 2022 | £139,895 | £135,000 | FLAT 24 GUARDIAN COURT ROGATE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Feb 2015. Using an estimated price of £307,027 means this house is valued at £4,386 per sq meter (£407 per sq foot).
The average size of a house on OFFINGTON LANE is 147 sq meters (1,589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |