£265,288
This estimated value is based upon the latest sale price for the house of £246,288 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £246,288 | 24 Nov 2021 |
| £160,950 | 8 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 November 2021 the House Price Index for WEST SUSSEX was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £246,288 results in an estimated price of approximately £265,288.
| 24 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £246,288 | £19,000 | £265,288 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 7.598 % | £18,714 | £265,002 |
| 3 Month Average | -9.880 % | £-24,332 | £221,955 |
| 6 Month Average | -5.815 % | £-14,321 | £231,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £393,188 | £390,000 | 5 BLUEBIRD CLOSE |
| 6 Mar 2023 | £226,223 | £225,000 | FLAT 2 BONAVENTURE SUSSEX WHARF |
| 24 Feb 2023 | £311,527 | £313,000 | FLAT 26 BONAVENTURE SUSSEX WHARF |
| 10 Jun 2022 | £255,085 | £252,500 | 12 HANCOCK WAY |
| 23 May 2022 | £304,527 | £300,000 | 6 HANCOCK WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Sep 2018. Using an estimated price of £265,288 means this house is valued at £4,496 per sq meter (£417 per sq foot).
The average size of a house on HANCOCK WAY is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hancock Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hancock Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hancock Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hancock Way |
| Jan 2024 | Drugs | Under investigation | On or near Anchor Close |