£1,311,359
This estimated value is based upon the latest sale price for the house of £990,000 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £990,000 | 13 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 2016 the House Price Index for WEST SUSSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £990,000 results in an estimated price of approximately £1,311,359.
| 13 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £990,000 | £321,359 | £1,311,359 |
The Postcode Pricing Model uses changes in average sales price within the PO19 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 | 7.451 % | £73,764 | £1,063,764 |
| 3 Month Average | 18.099 % | £179,184 | £1,169,184 |
| 6 Month Average | 13.067 % | £129,363 | £1,119,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £348,045 | £345,000 | FLAT 1 THE GABLES, 98 FISHBOURNE ROAD WEST |
| 14 Jul 2023 | £359,843 | £355,000 | FLAT 4 THE GABLES, 98 FISHBOURNE ROAD WEST |
| 28 Oct 2022 | £346,272 | £350,000 | FLAT 2 THE GABLES, 98 FISHBOURNE ROAD WEST |
| 14 Oct 2022 | £351,218 | £355,000 | FLAT 3 THE GABLES, 98 FISHBOURNE ROAD WEST |
| 13 May 2022 | £295,569 | £290,000 | 18 MILL CLOSE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 17 Sep 2015. Using an estimated price of £1,311,359 means this house is valued at £7,450 per sq meter (£692 per sq foot).
The average size of a house on MILL LANE is 185 sq meters (1,996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Mill Close |
| Mar 2024 | Other theft | Under investigation | On or near Fishbourne Road (West) |
| Mar 2024 | Anti-social behaviour | On or near Fishbourne Road (West) | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fishbourne Road (West) |
| Mar 2024 | Public order | Under investigation | On or near Fishbourne Road (West) |