£494,975
This estimated value is based upon the latest sale price for the house of £411,000 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £411,000 | 30 Jul 2020 |
| £320,000 | 18 May 2007 |
| £90,000 | 23 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2020 the House Price Index for WEST SUSSEX was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £411,000 results in an estimated price of approximately £494,975.
| 30 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £411,000 | £83,975 | £494,975 |
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 | 46.087 % | £189,417 | £600,417 |
| 3 Month Average | 15.930 % | £65,470 | £476,470 |
| 6 Month Average | 21.101 % | £86,723 | £497,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £472,876 | £470,000 | 43 GUERNSEY FARM LANE |
| 3 Jul 2023 | £343,247 | £340,000 | 10 ASHMERE LANE |
| 2 Jun 2023 | £231,880 | £230,000 | 6 COPPINS COURT FLANSHAM PARK |
| 19 Aug 2022 | £238,389 | £240,000 | FLAT 3 ASHMERE COURT FLANSHAM PARK |
| 27 Jun 2022 | £505,119 | £500,000 | 12 GUERNSEY FARM LANE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 16 Oct 2019. Using an estimated price of £494,976 means this house is valued at £4,419 per sq meter (£410 per sq foot).
The average size of a house on ASHMERE LANE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near B2132 |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near B2132 |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedgeway |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hardy Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Naiad Gardens |