£316,827
This estimated value is based upon the latest sale price for the house of £287,500 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£287,500 | 8 Oct 2021 |
£265,000 | 17 Nov 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2021 the House Price Index for WEST SUSSEX was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £287,500 results in an estimated price of approximately £316,827.
8 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £287,500 | £29,327 | £316,827 |
The Postcode Pricing Model uses changes in average sales price within the BN43 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 | 25.845 % | £74,304 | £361,804 |
3 Month Average | 4.363 % | £12,542 | £300,042 |
6 Month Average | -5.116 % | £-14,707 | £272,792 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £290,983 | £290,000 | FLAT 10 LONGSTAFF HOUSE, 4 LONGSHORE DRIVE |
19 Dec 2023 | £366,942 | £360,000 | 39 RAINBOW SQUARE |
8 Nov 2023 | £298,836 | £295,000 | FLAT 2 LYNDHURST HOUSE, 8 MONARCH WAY |
9 Sep 2022 | £306,275 | £310,000 | 11 SOUTHLANDS WAY |
1 Sep 2022 | £424,833 | £430,000 | 38 LONGSHORE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Oct 2017. Using an estimated price of £316,828 means this house is valued at £5,029 per sq meter (£467 per sq foot).
The average size of a house on MONARCH WAY is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Monarch Way |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Monarch Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Monarch Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Southlands Way |
Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Southlands Way |