£739,828
This estimated value is based upon the latest sale price for the house of £475,000 on 7 May 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £475,000 | 7 May 2014 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2014 the House Price Index for WEST SUSSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £475,000 results in an estimated price of approximately £739,828.
| 7 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £475,000 | £264,828 | £739,828 |
The Postcode Pricing Model uses changes in average sales price within the BN5 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 | 89.437 % | £424,827 | £899,827 |
| 3 Month Average | 53.034 % | £251,911 | £726,911 |
| 6 Month Average | 32.444 % | £154,109 | £629,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £353,066 | £350,000 | 2 CUTLERS CROFT |
| 22 Apr 2024 | £566,923 | £562,000 | 13 SOUTHVIEW TERRACE |
| 15 Dec 2023 | £402,364 | £390,000 | 2 CEDAR VIEW NEP TOWN ROAD |
| 4 Dec 2023 | £443,632 | £430,000 | 3 WEAVERS COTTAGES WEAVERS LANE |
| 24 Nov 2023 | £287,293 | £280,000 | 1 WEAVERS COTTAGES WEAVERS LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 13 Feb 2014. Using an estimated price of £739,828 means this house is valued at £7,398 per sq meter (£687 per sq foot).
The average size of a house on KING JAMES LANE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Weavers Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nep Town Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Nep Close |