£493,196
This estimated value is based upon the latest sale price for the house of £392,500 on 8 May 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £392,500 | 8 May 2018 |
| £305,000 | 30 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2018 the House Price Index for WEST SUSSEX was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £392,500 results in an estimated price of approximately £493,196.
| 8 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £392,500 | £100,696 | £493,196 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | -39.262 % | £-154,103 | £238,396 |
| 3 Month Average | 5.205 % | £20,430 | £412,930 |
| 6 Month Average | 9.045 % | £35,503 | £428,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £234,703 | £230,000 | 6 COPPINS COURT FLANSHAM PARK |
| 19 Aug 2022 | £241,128 | £240,000 | FLAT 3 ASHMERE COURT FLANSHAM PARK |
| 6 Apr 2022 | £614,673 | £592,500 | 18A PARK DRIVE |
| 24 Feb 2022 | £734,238 | £695,000 | 15 PARK DRIVE |
| 17 Dec 2021 | £377,758 | £350,000 | 28 HEDGEWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 12 Dec 2017. Using an estimated price of £493,197 means this house is valued at £5,246 per sq meter (£487 per sq foot).
The average size of a house on ASHMERE LANE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near B2132 |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedgeway |
| Jul 2024 | Other theft | Under investigation | On or near Guernsey Farm Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hardy Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Naiad Gardens |