£295,298
This estimated value is based upon the latest sale price for the house of £157,500 on 8 Apr 2009. 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 |
|---|---|
| £157,500 | 8 Apr 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 876 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 April 2009 the House Price Index for WEST SUSSEX was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £157,500 results in an estimated price of approximately £295,298.
| 8 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £157,500 | £137,798 | £295,298 |
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 | 128.057 % | £201,689 | £359,189 |
| 3 Month Average | 95.411 % | £150,272 | £307,772 |
| 6 Month Average | 93.829 % | £147,781 | £305,281 |
| 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 81 sq meters or 876 sq feet when measured on 23 Jan 2009. Using an estimated price of £295,299 means this house is valued at £3,627 per sq meter (£337 per sq foot).
The average size of a house on MERSEY CLOSE is 97 sq meters (1,052 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 |