£254,133
This estimated value is based upon the latest sale price for the house of £205,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 16 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2019 the House Price Index for WEST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £205,000 results in an estimated price of approximately £254,133.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £205,000 | £49,133 | £254,133 |
The Postcode Pricing Model uses changes in average sales price within the BN15 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 | 34.939 % | £71,625 | £276,625 |
| 3 Month Average | 18.484 % | £37,892 | £242,892 |
| 6 Month Average | 21.181 % | £43,421 | £248,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £185,706 | £180,000 | 7 LUXOR COURT SOUTH STREET |
| 8 Aug 2023 | £140,535 | £138,000 | 19 FRESHBROOK COURT FRESHBROOK ROAD |
| 12 Jun 2023 | £117,352 | £115,000 | 20 SOUTH STREET |
| 17 Mar 2023 | £120,004 | £118,000 | 8 FRESHBROOK COURT FRESHBROOK ROAD |
| 7 Apr 2022 | £140,052 | £135,000 | 17 FRESHBROOK COURT FRESHBROOK ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 May 2019. Using an estimated price of £254,133 means this house is valued at £5,294 per sq meter (£491 per sq foot).
The average size of a house on SOUTH STREET is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | On or near Lancing (Station) | |
| Jun 2024 | Possession of weapons | On or near Lancing (Station) | |
| Jun 2024 | Robbery | On or near Lancing (Station) | |
| Jun 2024 | Violence and sexual offences | On or near Lancing (Station) |