£174,245
This estimated value is based upon the latest sale price for the house of £172,500 on 19 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £172,500 | 19 Jul 2022 |
| £131,000 | 7 Dec 2005 |
| £51,000 | 31 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 July 2022 the House Price Index for WEST SUSSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £172,500 results in an estimated price of approximately £174,245.
| 19 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £172,500 | £1,745 | £174,245 |
The Postcode Pricing Model uses changes in average sales price within the PO22 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 | 32.857 % | £56,677 | £229,177 |
| 3 Month Average | -3.378 % | £-5,826 | £166,673 |
| 6 Month Average | -2.160 % | £-3,725 | £168,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £188,526 | £185,000 | FLAT 32 GATEWAY LODGE FELPHAM ROAD |
| 26 Jul 2022 | £156,569 | £155,000 | FLAT 40 GATEWAY LODGE FELPHAM ROAD |
| 19 Jul 2022 | £174,246 | £172,500 | FLAT 1 GATEWAY LODGE FELPHAM ROAD |
| 1 Jun 2022 | £168,604 | £165,000 | FLAT 8 GATEWAY LODGE FELPHAM ROAD |
| 18 Mar 2022 | £322,053 | £308,500 | 7 GRASSMERE CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Dec 2021. Using an estimated price of £174,246 means this house is valued at £2,856 per sq meter (£265 per sq foot).
The average size of a house on FELPHAM ROAD is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Grassmere Close | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Felpham Road |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Felpham Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Felpham Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Eastover Way |