£245,027
This estimated value is based upon the latest sale price for the house of £195,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 11 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in May 2018 the House Price Index for HAMPSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £195,000 results in an estimated price of approximately £245,027.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £195,000 | £50,027 | £245,027 |
The Postcode Pricing Model uses changes in average sales price within the PO12 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 | 17.021 % | £33,190 | £228,190 |
| 3 Month Average | 7.877 % | £15,359 | £210,359 |
| 6 Month Average | 8.991 % | £17,531 | £212,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £330,071 | £325,000 | 60 SELSEY AVENUE |
| 25 Oct 2023 | £296,740 | £290,000 | 88 EASTBOURNE AVENUE |
| 27 Sep 2023 | £322,100 | £315,000 | 36 SELSEY AVENUE |
| 22 Sep 2023 | £327,213 | £320,000 | 62 WORTHING AVENUE |
| 20 Jun 2023 | £239,806 | £235,000 | 42 SELSEY AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Apr 2017. Using an estimated price of £245,028 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on WORTHING AVENUE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Worthing Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Selsey Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selsey Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastbourne Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastbourne Avenue |