£507,148
This estimated value is based upon the latest sale price for the house of £289,896 on 1 Jun 2006. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £289,896 | 1 Jun 2006 |
| £170,000 | 29 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 June 2006 the House Price Index for WEST SUSSEX was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £289,896 results in an estimated price of approximately £507,148.
| 1 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £289,896 | £217,252 | £507,148 |
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 | 127.352 % | £369,189 | £659,085 |
| 3 Month Average | 58.603 % | £169,886 | £459,782 |
| 6 Month Average | 64.035 % | £185,634 | £475,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £479,161 | £475,000 | 459 CHICHESTER ROAD |
| 7 Sep 2023 | £403,904 | £395,000 | 27 ELBRIDGE AVENUE |
| 18 Aug 2023 | £539,735 | £530,000 | 2 LOATS LANE |
| 18 Apr 2023 | £443,291 | £435,000 | 1 LOATS LANE |
| 26 Aug 2022 | £401,879 | £400,000 | 65 ELBRIDGE AVENUE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 5 Dec 2015. Using an estimated price of £507,148 means this house is valued at £3,426 per sq meter (£318 per sq foot).
The average size of a house on BABSHAM LANE is 203 sq meters (2,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Babsham Lane |
| Aug 2024 | Public order | Under investigation | On or near Elbridge Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Loats Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loats Lane |
| Oct 2024 | Public order | Under investigation | On or near Merston Place |