£245,392
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near Merton Terrace
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Price Paid | Date |
---|---|
£200,000 | 4 Sep 2019 |
£169,500 | 21 Nov 2014 |
£110,000 | 3 May 2013 |
£52,000 | 21 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 September 2019 the House Price Index for WEST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £200,000 results in an estimated price of approximately £245,392.
4 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £200,000 | £45,392 | £245,392 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | -9.776 % | £-19,552 | £180,447 |
3 Month Average | -7.609 % | £-15,218 | £184,781 |
6 Month Average | 2.417 % | £4,834 | £204,834 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £181,712 | £180,000 | FLAT 1 HAMPTON COURT BRIGHTON ROAD |
12 Jan 2023 | £124,414 | £125,000 | GROUND FLOOR FLAT 7A MERTON TERRACE |
13 Sep 2022 | £228,158 | £230,000 | FLAT 5 WESTMINSTER COURT BRIGHTON ROAD |
10 Jun 2022 | £238,369 | £235,000 | FLAT 5 TRASLYN COURT 15A SELDEN ROAD |
18 Feb 2022 | £235,956 | £225,000 | FLAT 15 HAMPTON COURT BRIGHTON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Oct 2012. Using an estimated price of £245,393 means this house is valued at £3,775 per sq meter (£350 per sq foot).
The average size of a house on BRIGHTON ROAD is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Merton Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Parade |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Parade |