£497,835
This estimated value is based upon the latest sale price for the house of £287,500 on 12 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £287,500 | 12 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,140 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 2012 the House Price Index for WEST SUSSEX was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £287,500 results in an estimated price of approximately £497,835.
| 12 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £287,500 | £210,335 | £497,835 |
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 | 45.600 % | £131,099 | £418,599 |
| 3 Month Average | 64.271 % | £184,780 | £472,280 |
| 6 Month Average | 45.212 % | £129,983 | £417,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £203,623 | £199,950 | 64 NEWLANDS LANE |
| 1 Feb 2023 | £332,219 | £330,000 | 4 BARTON ROAD |
| 1 Nov 2022 | £413,068 | £415,000 | 2 BARLOW ROAD |
| 12 Aug 2022 | £351,644 | £350,000 | 83 OLIVER WHITBY ROAD |
| 29 Jul 2022 | £336,876 | £333,500 | 5 JOHN ARUNDEL ROAD |
This house has a floor area of 105 sq meters or 1,140 sq feet when measured on 27 Sep 2011. Using an estimated price of £497,836 means this house is valued at £4,697 per sq meter (£436 per sq foot).
The average size of a house on NEWLANDS LANE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Newlands Lane | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Newlands Lane |
| Apr 2024 | Anti-social behaviour | On or near Newlands Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newlands Lane |