£282,922
This estimated value is based upon the latest sale price for the house of £196,500 on 21 Aug 2015. 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 Neville Road
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| Price Paid | Date |
|---|---|
| £196,500 | 21 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2015 the House Price Index for WEST SUSSEX was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £196,500 results in an estimated price of approximately £282,922.
| 21 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £196,500 | £86,422 | £282,922 |
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 | -10.418 % | £-20,471 | £176,028 |
| 3 Month Average | 22.105 % | £43,436 | £239,936 |
| 6 Month Average | 22.805 % | £44,811 | £241,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £201,182 | £195,000 | FLAT 4 THE SHRUBBERY, 41 UPPER BOGNOR ROAD |
| 17 Nov 2023 | £117,995 | £115,000 | FLAT 14 GERARD LODGE, 26 UPPER BOGNOR ROAD |
| 19 Oct 2023 | £112,556 | £110,000 | FLAT 1 GERARD LODGE, 26 UPPER BOGNOR ROAD |
| 11 Aug 2023 | £301,437 | £296,000 | 22 HOOK LANE |
| 21 Jun 2023 | £94,392 | £92,500 | FLAT 4 GERARD LODGE, 26 UPPER BOGNOR ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Feb 2015. Using an estimated price of £282,922 means this house is valued at £3,929 per sq meter (£365 per sq foot).
The average size of a house on HOOK LANE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Jun 2024 | Burglary | Under investigation | On or near Neville Road |
| Apr 2024 | Anti-social behaviour | On or near Neville Road | |
| Apr 2024 | Anti-social behaviour | On or near Neville Road | |
| Apr 2024 | Anti-social behaviour | On or near Neville Road |