£342,940
This estimated value is based upon the latest sale price for the house of £259,950 on 19 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 |
|---|---|
| £259,950 | 19 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £259,950 results in an estimated price of approximately £342,940.
| 19 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £259,950 | £82,990 | £342,940 |
The Postcode Pricing Model uses changes in average sales price within the BN17 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 | 86.469 % | £224,775 | £484,725 |
| 3 Month Average | 28.895 % | £75,111 | £335,061 |
| 6 Month Average | 17.811 % | £46,298 | £306,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £454,457 | £452,000 | 1 REEF CLOSE |
| 11 Nov 2022 | £314,916 | £320,023 | 76 NORFOLK GARDENS |
| 29 Jul 2022 | £299,595 | £300,000 | 7 THE OLD WAREHOUSE MEWS |
| 6 Jun 2022 | £293,980 | £291,000 | 72 NORFOLK GARDENS |
| 14 Apr 2022 | £575,385 | £561,000 | HEMINGTON HOUSE NORFOLK PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Jan 2016. Using an estimated price of £342,941 means this house is valued at £3,897 per sq meter (£362 per sq foot).
The average size of a house on SOUTH TERRACE is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near South Passage | |
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Local resolution | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Gardens |