£199,099
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2016 the House Price Index for WEST SUSSEX was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £150,000 results in an estimated price of approximately £199,099.
| 4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £150,000 | £49,099 | £199,099 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 13.963 % | £20,945 | £170,945 |
| 3 Month Average | 11.908 % | £17,862 | £167,862 |
| 6 Month Average | 16.710 % | £25,065 | £175,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £147,000 | £147,000 | GROUND FLOOR PREMISES 10 CHAPEL ROAD |
| 20 Nov 2023 | £109,787 | £107,000 | FLAT 208 GUILDBOURNE COURT GUILDBOURNE CENTRE |
| 27 Mar 2023 | £122,038 | £120,000 | FLAT 307 GUILDBOURNE COURT GUILDBOURNE CENTRE |
| 23 Mar 2023 | £228,821 | £225,000 | FLAT 11 35A SOUTH STREET |
| 27 Feb 2023 | £291,950 | £290,000 | FLAT 1 23A SOUTH STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 28 Jul 2016. Using an estimated price of £199,099 means this house is valued at £4,424 per sq meter (£411 per sq foot).
The average size of a house on CHAPEL ROAD is 39 sq meters (429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Market Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Oct 2024 | Public order | Under investigation | On or near Market Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Market Street |