£339,758
This estimated value is based upon the latest sale price for the house of £275,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 28 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 June 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £275,000 results in an estimated price of approximately £339,758.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £275,000 | £64,758 | £339,758 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 9.214 % | £25,337 | £300,337 |
| 3 Month Average | -1.278 % | £-3,514 | £271,485 |
| 6 Month Average | 0.731 % | £2,010 | £277,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £201,715 | £199,950 | 64 NEWLANDS LANE |
| 26 Jul 2023 | £354,775 | £350,000 | 2 BARTON ROAD |
| 1 Feb 2023 | £329,778 | £330,000 | 4 BARTON ROAD |
| 1 Nov 2022 | £410,033 | £415,000 | 2 BARLOW ROAD |
| 12 Aug 2022 | £349,060 | £350,000 | 83 OLIVER WHITBY ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 8 Nov 2016. Using an estimated price of £339,759 means this house is valued at £2,718 per sq meter (£252 per sq foot).
The average size of a house on NEWLANDS LANE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newlands Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newlands Lane |
| Apr 2024 | Anti-social behaviour | On or near Newlands Lane | |
| Mar 2024 | Public order | Under investigation | On or near Newlands Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newlands Lane |