£679,315
This estimated value is based upon the latest sale price for the house of £495,000 on 26 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £495,000 | 26 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 January 2016 the House Price Index for WEST SUSSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £495,000 results in an estimated price of approximately £679,315.
| 26 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £495,000 | £184,315 | £679,315 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 17.156 % | £84,919 | £579,919 |
| 3 Month Average | 0.418 % | £2,069 | £497,069 |
| 6 Month Average | 10.752 % | £53,219 | £548,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £320,000 | £320,000 | FLAT 18 SUMMERSDALE COURT THE DRIVE |
| 15 Dec 2023 | £854,959 | £840,000 | MULROY COTTAGE THE DRIVE |
| 22 Nov 2023 | £1,573,292 | £1,550,000 | HOLLY HOUSE CHESTNUT AVENUE |
| 6 Sep 2023 | £1,797,989 | £1,775,000 | YORK HOUSE 20A LAVANT ROAD |
| 16 Jun 2023 | £427,681 | £422,500 | FLAT 4 WINSTON COURT, 20B LAVANT ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 6 Sep 2019. Using an estimated price of £679,316 means this house is valued at £4,043 per sq meter (£375 per sq foot).
The average size of a house on THE DRIVE is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lavant Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lavant Road |
| Mar 2024 | Anti-social behaviour | On or near The Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |
| Mar 2024 | Anti-social behaviour | On or near The Avenue |