£386,806
This estimated value is based upon the latest sale price for the house of £227,005 on 21 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£227,005 | 21 Dec 2012 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 832 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 2012 the House Price Index for WEST SUSSEX was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £227,005 results in an estimated price of approximately £386,806.
21 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £227,005 | £159,801 | £386,806 |
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 | 78.716 % | £178,689 | £405,694 |
3 Month Average | 53.613 % | £121,703 | £348,708 |
6 Month Average | 62.560 % | £142,013 | £369,018 |
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 77 sq meters or 832 sq feet when measured on 14 Feb 2012. Using an estimated price of £386,807 means this house is valued at £5,003 per sq meter (£464 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 |