£293,570
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Oct 2016 |
| £140,000 | 13 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
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 October 2016 the House Price Index for WEST SUSSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £220,000 results in an estimated price of approximately £293,570.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £220,000 | £73,570 | £293,570 |
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 | 13.393 % | £29,465 | £249,465 |
| 3 Month Average | 23.724 % | £52,193 | £272,193 |
| 6 Month Average | 18.852 % | £41,473 | £261,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £610,000 | £610,000 | 315 SOUTH FARM ROAD |
| 8 Sep 2023 | £281,199 | £275,000 | 25 LAMORNA GROVE |
| 20 Mar 2023 | £279,671 | £275,000 | 30 LAMORNA GROVE |
| 22 Apr 2022 | £492,775 | £475,000 | 285 SOUTH FARM ROAD |
| 26 Mar 2022 | £256,286 | £245,500 | 47 LAMORNA GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lamorna Grove |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Lamorna Grove |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lamorna Grove |