£404,904
This estimated value is based upon the latest sale price for the house of £400,000 on 13 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 13 Jun 2023 |
| £246,000 | 19 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2023 the House Price Index for WEST SUSSEX was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £400,000 results in an estimated price of approximately £404,904.
| 13 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £400,000 | £4,904 | £404,904 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | -58.056 % | £-232,224 | £167,775 |
| 3 Month Average | -1.316 % | £-5,265 | £394,734 |
| 6 Month Average | 8.185 % | £32,738 | £432,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £602,296 | £595,000 | 1 OVERMEAD |
| 13 Jun 2023 | £404,905 | £400,000 | 41 OVERMEAD |
| 26 Apr 2023 | £341,173 | £337,500 | 51 VICTORIA ROAD |
| 12 Apr 2023 | £244,634 | £242,000 | 76A VICTORIA ROAD |
| 2 Feb 2023 | £649,563 | £650,000 | 85 VICTORIA ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Jul 2020. Using an estimated price of £404,905 means this house is valued at £5,061 per sq meter (£470 per sq foot).
The average size of a house on OVERMEAD is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Overmead |
| Mar 2024 | Anti-social behaviour | On or near Mill Lane | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rope Walk |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hebe Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hebe Road |