£361,911
This estimated value is based upon the latest sale price for the house of £225,950 on 21 May 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 Wallace Avenue
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,950 | 21 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2008 the House Price Index for WEST SUSSEX was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £225,950 results in an estimated price of approximately £361,911.
| 21 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £225,950 | £135,961 | £361,911 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 23.445 % | £52,973 | £278,923 |
| 3 Month Average | 58.281 % | £131,686 | £357,636 |
| 6 Month Average | 52.847 % | £119,408 | £345,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £438,500 | £438,500 | 7 GERALD ROAD |
| 13 Nov 2023 | £518,153 | £505,000 | 13 GERALD ROAD |
| 13 Oct 2023 | £752,081 | £735,000 | 32 WALLACE AVENUE |
| 7 Aug 2023 | £392,071 | £385,000 | 43 AND 43A PEVENSEY ROAD |
| 27 Feb 2023 | £251,681 | £250,000 | FLAT 20 WALBERTON COURT WALLACE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Dec 2013. Using an estimated price of £361,912 means this house is valued at £5,322 per sq meter (£494 per sq foot).
The average size of a house on WALLACE AVENUE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Wallace Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Avenue |
| Jun 2024 | Anti-social behaviour | On or near Winchelsea Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Winchelsea Gardens | |
| May 2024 | Anti-social behaviour | On or near Winchelsea Gardens |