£479,843
This estimated value is based upon the latest sale price for the house of £390,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near South Terrace
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Price Paid | Date |
---|---|
£390,000 | 31 Jan 2019 |
£110,000 | 31 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 129 sq meters or 1,388 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 January 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £390,000 results in an estimated price of approximately £479,843.
31 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.037 % | £390,000 | £89,843 | £479,843 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 125.022 % | £487,586 | £877,586 |
3 Month Average | 19.397 % | £75,648 | £465,648 |
6 Month Average | 6.095 % | £23,769 | £413,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £424,011 | £420,000 | 55 BEACH CRESCENT |
27 Jun 2023 | £438,556 | £435,000 | 53 BEACH CRESCENT |
17 Mar 2023 | £91,495 | £91,000 | 15 CHANNEL KEEP |
5 Jan 2023 | £133,825 | £135,000 | 45 KINGMERE SOUTH TERRACE |
18 Nov 2022 | £229,282 | £233,000 | 12 CHANNEL KEEP |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 6 Aug 2018. Using an estimated price of £479,843 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on BEACH CRESCENT is 106 sq meters (1,142 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near South Terrace |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Terrace |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Terrace |
Jan 2024 | Violence and sexual offences | Under investigation | On or near South Terrace |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Terrace |