£836,852
This estimated value is based upon the latest sale price for the house of £615,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £615,000 | 31 Mar 2016 |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2016 the House Price Index for WEST SUSSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £615,000 results in an estimated price of approximately £836,852.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £615,000 | £221,852 | £836,852 |
The Postcode Pricing Model uses changes in average sales price within the BN6 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 | 57.255 % | £352,115 | £967,115 |
| 3 Month Average | 29.618 % | £182,152 | £797,152 |
| 6 Month Average | 33.675 % | £207,100 | £822,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2024 | £655,000 | £655,000 | 38 MACKIE AVENUE |
| 15 Dec 2023 | £639,655 | £620,000 | 2 FARNHAM AVENUE |
| 8 Feb 2023 | £536,081 | £532,500 | 11 FARNHAM AVENUE |
| 4 Aug 2022 | £818,829 | £815,000 | 17 FARNHAM AVENUE |
| 8 Jul 2022 | £616,174 | £610,000 | 95 MACKIE AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Oct 2014. Using an estimated price of £836,853 means this house is valued at £7,152 per sq meter (£664 per sq foot).
The average size of a house on OCKLEY LANE is 149 sq meters (1,604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Ockley Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Ockley Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ann Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chestnut Drive |