£191,225
This estimated value is based upon the latest sale price for the house of £113,000 on 29 Mar 2010. 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 |
---|---|
£113,000 | 29 Mar 2010 |
£95,000 | 16 Sep 2005 |
£75,000 | 6 Sep 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 423 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 March 2010 the House Price Index for WEST SUSSEX was 87.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £113,000 results in an estimated price of approximately £191,225.
29 Mar 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.0 | 69.226 % | £113,000 | £78,225 | £191,225 |
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 | 183.686 % | £207,565 | £320,565 |
3 Month Average | 64.233 % | £72,583 | £185,583 |
6 Month Average | 55.584 % | £62,810 | £175,810 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £170,576 | £170,000 | FLAT 1A 49 SOUTH TERRACE |
11 Dec 2023 | £270,110 | £265,000 | FLAT 2 55 SOUTH TERRACE |
5 Apr 2023 | £132,988 | £132,000 | FLAT 8 3 FITZALAN ROAD |
4 Apr 2023 | £85,636 | £85,000 | FLAT 4 52 SOUTH TERRACE |
31 Jan 2023 | £141,755 | £143,000 | GROUND FLOOR EAST FLAT 54 SOUTH TERRACE |
This house has a floor area of 39 sq meters or 423 sq feet when measured on 28 Jun 2009. Using an estimated price of £191,226 means this house is valued at £4,855 per sq meter (£451 per sq foot).
The average size of a house on SOUTH TERRACE is 56 sq meters (605 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 |