£386,494
This estimated value is based upon the latest sale price for the house of £75,500 on 30 Jul 1997. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £75,500 | 30 Jul 1997 |
| Detached |
| Freehold |
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 July 1997 the House Price Index for WEST SUSSEX was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £75,500 results in an estimated price of approximately £386,494.
| 30 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £75,500 | £310,994 | £386,494 |
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 | 351.178 % | £265,139 | £340,639 |
| 3 Month Average | 404.524 % | £305,415 | £380,915 |
| 6 Month Average | 414.964 % | £313,298 | £388,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £242,102 | £240,000 | 9 SPENCER TERRACE, 47 UPPER BOGNOR ROAD |
| 27 Apr 2023 | £315,909 | £310,000 | 63 MEAD LANE |
| 24 Feb 2023 | £142,955 | £142,000 | FLAT 25 MELANIES GARDENS MEAD LANE |
| 3 Feb 2023 | £357,387 | £355,000 | 5 MEAD COURT MEAD LANE |
| 6 Jan 2023 | £250,670 | £250,000 | 49 MEAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Mead Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mead Lane |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mead Lane |
| Sep 2024 | Robbery | Under investigation | On or near Mead Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mead Lane |