£288,723
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Nov 2008. 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 Parking Area
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Price Paid | Date |
---|---|
£160,000 | 25 Nov 2008 |
£199,999 | 18 Dec 2003 |
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 November 2008 the House Price Index for WEST SUSSEX was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £160,000 results in an estimated price of approximately £288,723.
25 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.452 % | £160,000 | £128,723 | £288,723 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 31.911 % | £51,057 | £211,057 |
3 Month Average | 57.393 % | £91,829 | £251,829 |
6 Month Average | 40.133 % | £64,213 | £224,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £355,937 | £345,000 | FLAT 11 COUNTY WHARF PIER ROAD |
12 Oct 2023 | £286,507 | £280,000 | FLAT 19 FAIRLIGHT COURT PIER ROAD |
5 Jun 2023 | £214,294 | £210,000 | FLAT 28 COUNTY WHARF PIER ROAD |
20 Apr 2023 | £424,184 | £416,250 | 38 FAIRLIGHT COURT PIER ROAD |
27 Feb 2023 | £352,354 | £350,000 | 36 FAIRLIGHT COURT PIER ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Oct 2020. Using an estimated price of £288,724 means this house is valued at £4,441 per sq meter (£412 per sq foot).
The average size of a house on PIER ROAD is 86 sq meters (933 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Awaiting court outcome | On or near Parking Area |
Oct 2024 | Anti-social behaviour | On or near Parking Area | |
Oct 2024 | Burglary | Under investigation | On or near Parking Area |
Oct 2024 | Vehicle crime | Under investigation | On or near Parking Area |
Oct 2024 | Public order | Under investigation | On or near Parking Area |