£396,264
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 1 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 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 68.623%.Applying this 68.623% change to the original purchase price of £235,000 results in an estimated price of approximately £396,264.
| 1 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £235,000 | £161,264 | £396,264 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 91.681 % | £215,451 | £450,451 |
| 3 Month Average | 42.369 % | £99,566 | £334,566 |
| 6 Month Average | 39.847 % | £93,641 | £328,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £427,133 | £420,000 | 2 SPRINGFIELD |
| 24 Nov 2022 | £487,719 | £490,000 | 8 DOWNLANDS CLOSE |
| 15 Mar 2022 | £662,897 | £635,000 | SUNRISE PRIORS WAYE |
| 11 Feb 2022 | £792,343 | £750,000 | WEEHOLME PRIORS WAYE |
| 29 Sep 2021 | £629,630 | £580,000 | LLAMEDOS PRIORS WAYE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 May 2012. Using an estimated price of £396,265 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on LION ROAD is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield |