£374,732
This estimated value is based upon the latest sale price for the house of £298,000 on 30 Apr 2018. 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 Arcade Road
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| Price Paid | Date |
|---|---|
| £298,000 | 30 Apr 2018 |
| £89,000 | 22 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 April 2018 the House Price Index for WEST SUSSEX was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £298,000 results in an estimated price of approximately £374,732.
| 30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £298,000 | £76,732 | £374,732 |
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 | 30.997 % | £92,371 | £390,371 |
| 3 Month Average | 26.475 % | £78,895 | £376,895 |
| 6 Month Average | 10.225 % | £30,469 | £328,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £50,000 | £50,000 | 2 EVANS GARDEN ARCADE ROAD |
| 30 Apr 2024 | £185,107 | £183,500 | 2 CHURCH HOUSE NEW ROAD |
| 22 Apr 2024 | £605,256 | £600,000 | 24 BEACH ROAD |
| 10 Nov 2023 | £246,251 | £240,000 | 2 THE SWALLOWS |
| 7 Sep 2023 | £301,650 | £295,000 | 60 NEW ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 10 Nov 2017. Using an estimated price of £374,733 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on NEW ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Arcade Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Arcade Road |
| Oct 2024 | Anti-social behaviour | On or near Arcade Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Arcade Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Arcade Road |