£2,567,582
This estimated value is based upon the latest sale price for the house of £2,150,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £2,150,000 | 28 Aug 2020 |
| £2,425,000 | 20 Apr 2018 |
| £770,000 | 2 Apr 2014 |
| Detached |
| Freehold |
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 August 2020 the House Price Index for WEST SUSSEX was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £2,150,000 results in an estimated price of approximately £2,567,582.
| 28 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £2,150,000 | £417,582 | £2,567,582 |
The Postcode Pricing Model uses changes in average sales price within the BN16 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 | -16.551 % | £-355,853 | £1,794,146 |
| 3 Month Average | 1.314 % | £28,248 | £2,178,248 |
| 6 Month Average | 19.132 % | £411,336 | £2,561,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £2,518,720 | £2,500,000 | MOORINGS GORSE AVENUE |
| 19 Jan 2023 | £2,180,844 | £2,200,000 | THE COAST HOUSE GORSE AVENUE |
| 7 Sep 2022 | £16,796 | £17,000 | BEACH HUT 22B |
| 14 Jun 2022 | £757,679 | £750,000 | 2 THE STRAND |
| 29 Jun 2021 | £1,389,170 | £1,300,000 | THE TOWER SEAVIEW AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sea Lane |
| Apr 2024 | Anti-social behaviour | On or near Ferringham Way | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ferring Close |
| Mar 2024 | Public order | Under investigation | On or near South Drive |
| Mar 2024 | Other theft | Under investigation | On or near April Close |