£202,024
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£200,000 | 15 Jul 2022 |
£190,000 | 23 Aug 2019 |
£133,000 | 28 Sep 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 July 2022 the House Price Index for WEST SUSSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £200,000 results in an estimated price of approximately £202,024.
15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £200,000 | £2,024 | £202,024 |
The Postcode Pricing Model uses changes in average sales price within the RH16 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 | -13.866 % | £-27,731 | £172,268 |
3 Month Average | -4.054 % | £-8,108 | £191,891 |
6 Month Average | 5.188 % | £10,375 | £210,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £190,844 | £186,000 | 45 LEXINGTON DRIVE |
7 Sep 2023 | £204,508 | £200,000 | 25 HANBURY LANE |
17 Feb 2023 | £380,039 | £377,500 | 11 LEXINGTON DRIVE |
3 Feb 2023 | £337,253 | £335,000 | 5 LEXINGTON DRIVE |
19 Aug 2022 | £432,271 | £430,250 | 39 HANBURY LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 4 Sep 2012. Using an estimated price of £202,024 means this house is valued at £4,298 per sq meter (£399 per sq foot).
The average size of a house on LEXINGTON DRIVE is 70 sq meters (756 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Hanbury Lane |
Nov 2024 | Anti-social behaviour | On or near Woodstock Place | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodstock Place |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodstock Place |
Aug 2024 | Anti-social behaviour | On or near Woodstock Place |