£268,701
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2019 the House Price Index for WEST SUSSEX was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £220,000 results in an estimated price of approximately £268,701.
| 1 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £220,000 | £48,701 | £268,701 |
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 | -4.977 % | £-10,950 | £209,049 |
| 3 Month Average | -4.383 % | £-9,642 | £210,357 |
| 6 Month Average | 3.154 % | £6,939 | £226,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £1,975,359 | £1,950,000 | 27 - 28 SOUTHGATE |
| 18 Apr 2023 | £226,685 | £225,000 | FLAT 4 10 SOUTH PALLANT |
| 31 Mar 2023 | £1,870,109 | £1,860,000 | 5 SOUTH PALLANT |
| 17 Mar 2023 | £211,141 | £210,000 | FLAT 1 REGNUM PLACE, 45A SOUTH STREET |
| 14 Jul 2022 | £279,622 | £280,000 | FLAT 7 REGNUM PLACE, 45A SOUTH STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Jul 2018. Using an estimated price of £268,702 means this house is valued at £5,597 per sq meter (£520 per sq foot).
The average size of a house on SOUTH STREET is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |