£505,658
This estimated value is based upon the latest sale price for the house of £299,950 on 3 May 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £299,950 | 3 May 2013 |
| £295,000 | 31 Mar 2006 |
| £120,000 | 5 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2013 the House Price Index for WEST SUSSEX was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £299,950 results in an estimated price of approximately £505,658.
| 3 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £299,950 | £205,708 | £505,658 |
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 | -11.855 % | £-35,560 | £264,389 |
| 3 Month Average | 37.445 % | £112,317 | £412,267 |
| 6 Month Average | 46.774 % | £140,299 | £440,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £900,037 | £882,000 | 11 BROOMCROFT ROAD |
| 29 Jul 2022 | £434,352 | £430,000 | 48 ANDREW AVENUE |
| 19 Jul 2022 | £755,066 | £747,500 | 21 WANSFORD WAY |
| 30 Jun 2022 | £843,020 | £825,000 | GARDEN COTTAGE, 5 BROOMCROFT ROAD |
| 26 Nov 2021 | £473,941 | £435,000 | 9 TRITON PLACE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 10 Jan 2013. Using an estimated price of £505,659 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on DRAKE PARK is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Drake Park |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Wallner Crescent |
| Jul 2024 | Shoplifting | Under investigation | On or near Triton Place |
| Jul 2024 | Shoplifting | Under investigation | On or near Triton Place |
| Jul 2024 | Shoplifting | Under investigation | On or near Triton Place |