£224,009
This estimated value is based upon the latest sale price for the house of £180,000 on 9 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£180,000 | 9 Jan 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 January 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £180,000 results in an estimated price of approximately £224,009.
9 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £180,000 | £44,009 | £224,009 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 31.130 % | £56,034 | £236,034 |
3 Month Average | 1.954 % | £3,517 | £183,517 |
6 Month Average | 4.653 % | £8,375 | £188,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £366,298 | £357,000 | 42 ARUN ROAD |
4 Oct 2022 | £338,868 | £340,000 | SCHOOL HOUSE PEVENSEY ROAD |
15 Aug 2022 | £218,522 | £217,500 | 59B PEVENSEY ROAD |
4 Jul 2022 | £353,543 | £350,000 | 40 ARUN ROAD |
5 Nov 2021 | £193,934 | £178,000 | 51B PEVENSEY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Sep 2018. Using an estimated price of £224,010 means this house is valued at £3,394 per sq meter (£315 per sq foot).
The average size of a house on PEVENSEY ROAD is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Pevensey Road | |
Aug 2024 | Anti-social behaviour | On or near Pevensey Road | |
Aug 2024 | Anti-social behaviour | On or near Pevensey Road | |
Aug 2024 | Anti-social behaviour | On or near Pevensey Road | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pevensey Road |