£827,329
This estimated value is based upon the latest sale price for the house of £465,000 on 6 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £465,000 | 6 Mar 2006 |
| £217,500 | 20 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 230 sq meters or 2,476 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 March 2006 the House Price Index for WEST SUSSEX was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £465,000 results in an estimated price of approximately £827,329.
| 6 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £465,000 | £362,329 | £827,329 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 129.515 % | £602,243 | £1,067,243 |
| 3 Month Average | 66.848 % | £310,842 | £775,842 |
| 6 Month Average | 66.459 % | £309,035 | £774,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £175,192 | £172,500 | 111 BARRACK LANE |
| 4 Apr 2023 | £611,436 | £600,000 | 2 FISHERMANS WALK |
| 28 Feb 2023 | £147,989 | £147,000 | FLAT 2 ROYAL BAY COTTAGE, 92 BARRACK LANE |
| 28 Oct 2022 | £900,273 | £903,280 | 3 KINGSWAY |
| 20 May 2022 | £385,031 | £375,000 | 114 BARRACK LANE |
This house has a floor area of 230 sq meters or 2,476 sq feet when measured on 15 Apr 2010. Using an estimated price of £827,330 means this house is valued at £3,595 per sq meter (£334 per sq foot).
The average size of a house on THE DRIVE is 183 sq meters (1,976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Halnaker Gardens |