£375,042
This estimated value is based upon the latest sale price for the house of £355,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
There has been one burglary within the last year on or near New Road
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Price Paid | Date |
---|---|
£355,000 | 18 Feb 2022 |
£247,000 | 19 Dec 2014 |
£219,500 | 9 Feb 2007 |
£180,000 | 7 Nov 2005 |
£70,000 | 9 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 2022 the House Price Index for WEST SUSSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £355,000 results in an estimated price of approximately £375,042.
18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £355,000 | £20,042 | £375,042 |
The Postcode Pricing Model uses changes in average sales price within the BN13 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 | 1.701 % | £6,038 | £361,038 |
3 Month Average | 13.967 % | £49,582 | £404,582 |
6 Month Average | 9.570 % | £33,973 | £388,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £357,889 | £350,000 | 2 MERSEY ROAD |
31 Mar 2023 | £505,949 | £497,500 | 6 ARUN CLOSE |
20 Jan 2023 | £326,873 | £326,000 | 6 ARUN CRESCENT |
19 Aug 2022 | £326,527 | £325,000 | 78 NEW ROAD |
16 Aug 2022 | £439,053 | £437,000 | 7 ADUR AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Aug 2014. Using an estimated price of £375,042 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on MERSEY CLOSE is 97 sq meters (1,052 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near New Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wayside Avenue |
Oct 2024 | Burglary | Under investigation | On or near Wayside Avenue |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Medway Close |
Aug 2024 | Anti-social behaviour | On or near Tamar Avenue |