£215,408
This estimated value is based upon the latest sale price for the house of £122,500 on 12 May 2006. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £122,500 | 12 May 2006 |
| £80,000 | 12 Oct 2001 |
| £47,000 | 21 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2006 the House Price Index for WEST SUSSEX was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £122,500 results in an estimated price of approximately £215,408.
| 12 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £122,500 | £92,908 | £215,408 |
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 | 131.500 % | £161,087 | £283,587 |
| 3 Month Average | 58.968 % | £72,236 | £194,736 |
| 6 Month Average | 65.909 % | £80,738 | £203,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £384,767 | £375,000 | 20 ROCK GARDENS |
| 3 Nov 2023 | £251,381 | £245,000 | 58 ROCK GARDENS |
| 29 Sep 2023 | £393,678 | £385,000 | 8 ROCK GARDENS |
| 29 Sep 2023 | £204,508 | £200,000 | 28 ROCK GARDENS |
| 30 Aug 2023 | £366,612 | £360,000 | 31 ALDWICK ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 May 2012. Using an estimated price of £215,409 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on MARINE PARADE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Marine Parade |
| Oct 2024 | Public order | Under investigation | On or near Marine Parade |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marine Parade |
| Sep 2024 | Public order | Under investigation | On or near Marine Parade |
| Aug 2024 | Drugs | Local resolution | On or near Marine Parade |