£23,575
This estimated value is based upon the latest sale price for the house of £18,000 on 15 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £18,000 | 15 Feb 2017 |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 February 2017 the House Price Index for WEST SUSSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £18,000 results in an estimated price of approximately £23,575.
| 15 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £18,000 | £5,575 | £23,575 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | -4.094 % | £-736 | £17,263 |
| 3 Month Average | 8.378 % | £1,508 | £19,508 |
| 6 Month Average | 14.040 % | £2,527 | £20,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £1,258,677 | £1,220,000 | 43 SUMMERLEY LANE |
| 30 Oct 2023 | £291,623 | £285,000 | 10 WICK CLOSE |
| 23 Aug 2023 | £539,735 | £530,000 | 4 FELPHAM GARDENS |
| 7 Jun 2023 | £387,771 | £380,000 | 94 FELPHAM WAY |
| 10 Feb 2023 | £286,917 | £285,000 | 107C FELPHAM WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 May 2018. Using an estimated price of £23,575 means this house is valued at £188 per sq meter (£17 per sq foot).
The average size of a house on FELPHAM GARDENS is 150 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Felpham Gardens |
| Aug 2024 | Anti-social behaviour | On or near Felpham Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Felpham Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Felpham Gardens | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clovelly Avenue |