£351,280
This estimated value is based upon the latest sale price for the house of £137,500 on 9 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £137,500 | 9 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2002 the House Price Index for WEST SUSSEX was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £137,500 results in an estimated price of approximately £351,280.
| 9 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £137,500 | £213,780 | £351,280 |
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 | 15.870 % | £21,821 | £159,321 |
| 3 Month Average | 89.405 % | £122,931 | £260,431 |
| 6 Month Average | 101.776 % | £139,942 | £277,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £374,502 | £372,000 | ROSE COTTAGE SHRIPNEY ROAD |
| 16 Jan 2023 | £222,595 | £222,000 | 140B ORCHARD WAY |
| 29 Jul 2022 | £303,036 | £300,000 | 9 FALKLANDS CLOSE |
| 17 Mar 2022 | £234,885 | £225,000 | 102 HIGHFIELD ROAD |
| 20 Dec 2021 | £290,334 | £269,000 | 3 FARM COTTAGES SHRIPNEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Nov 2014. Using an estimated price of £351,281 means this house is valued at £3,991 per sq meter (£370 per sq foot).
The average size of a house on FALKLANDS CLOSE is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Falklands Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falklands Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Highbank |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Highbank |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near May Close |