£405,933
This estimated value is based upon the latest sale price for the house of £327,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £327,000 | 2 Nov 2018 |
| £50,000 | 12 Oct 2004 |
| £50,000 | 9 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2018 the House Price Index for WEST SUSSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £327,000 results in an estimated price of approximately £405,933.
| 2 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £327,000 | £78,933 | £405,933 |
The Postcode Pricing Model uses changes in average sales price within the BN13 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 | 41.256 % | £134,907 | £461,907 |
| 3 Month Average | 26.473 % | £86,566 | £413,566 |
| 6 Month Average | 21.005 % | £68,685 | £395,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £544,730 | £540,000 | 10 BURFORD CLOSE |
| 1 Dec 2023 | £428,156 | £415,000 | 21 ASHACRE LANE |
| 1 Feb 2023 | £284,400 | £282,500 | 4 SPRINGFIELD GARDENS |
| 22 Jul 2022 | £267,682 | £265,000 | 3 ASHACRE COURT ASHACRE LANE |
| 28 Jan 2022 | £365,768 | £345,000 | 31 ASHACRE LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 May 2018. Using an estimated price of £405,934 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on ASHACRE LANE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Springfield Gardens |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greyfriars Close |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Greyfriars Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Ashacre Lane |