£174,340
This estimated value is based upon the latest sale price for the house of £140,000 on 17 May 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 17 May 2019 |
| £135,000 | 29 Nov 2017 |
| £128,000 | 4 Aug 2015 |
| £92,000 | 11 Jul 2014 |
| £100,000 | 16 Jul 2004 |
| £71,000 | 4 Nov 2002 |
| £47,000 | 18 Feb 2002 |
| £15,500 | 9 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 May 2019 the House Price Index for WEST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £140,000 results in an estimated price of approximately £174,340.
| 17 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £140,000 | £34,340 | £174,340 |
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 | -42.602 % | £-59,643 | £80,356 |
| 3 Month Average | 6.175 % | £8,644 | £148,644 |
| 6 Month Average | 5.520 % | £7,728 | £147,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £400,158 | £390,000 | 6 BEACH MEWS |
| 27 Sep 2023 | £193,260 | £189,000 | FLAT 4 16 SOUTH TERRACE |
| 28 Apr 2023 | £157,954 | £155,000 | FLAT 4 4 SOUTH TERRACE |
| 30 Nov 2022 | £423,022 | £425,000 | 2 BEACH MEWS |
| 29 Jul 2022 | £303,036 | £300,000 | 7 THE OLD WAREHOUSE MEWS |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 28 Apr 2011. Using an estimated price of £174,340 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on SOUTH TERRACE is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near South Passage |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near South Passage |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near South Passage |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near South Passage |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Passage |