£357,387
This estimated value is based upon the latest sale price for the house of £355,000 on 27 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£355,000 | 27 Feb 2023 |
£158,000 | 3 Sep 2010 |
£151,000 | 17 Dec 2009 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 February 2023 the House Price Index for WEST SUSSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £355,000 results in an estimated price of approximately £357,387.
27 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £355,000 | £2,387 | £357,387 |
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 | 106.160 % | £376,866 | £731,866 |
3 Month Average | 8.184 % | £29,054 | £384,054 |
6 Month Average | -1.460 % | £-5,183 | £349,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £428,723 | £425,000 | 7 BIRKDALE ROAD |
26 Apr 2023 | £361,767 | £355,000 | 1 BIRKDALE CLOSE |
10 Mar 2023 | £506,458 | £498,000 | 121 DURRINGTON LANE |
27 Feb 2023 | £357,387 | £355,000 | 2 ELM COTTAGES POND LANE |
20 Jan 2023 | £539,943 | £538,500 | BEECH HOUSE, 121A DURRINGTON LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 27 Aug 2020. Using an estimated price of £357,387 means this house is valued at £3,469 per sq meter (£322 per sq foot).
The average size of a house on POND LANE is 116 sq meters (1,251 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Jul 2024 | Other crime | Under investigation | On or near Pond Mews |
Jun 2024 | Anti-social behaviour | On or near Sefton Close | |
Jun 2024 | Anti-social behaviour | On or near Sefton Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sefton Close |