£293,862
This estimated value is based upon the latest sale price for the house of £275,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 29 Jun 2021 |
| £289,950 | 27 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 784 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 June 2021 the House Price Index for WEST SUSSEX was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £275,000 results in an estimated price of approximately £293,862.
| 29 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £275,000 | £18,862 | £293,862 |
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 | -19.099 % | £-52,521 | £222,478 |
| 3 Month Average | -23.100 % | £-63,525 | £211,474 |
| 6 Month Average | -21.481 % | £-59,073 | £215,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £203,857 | £200,000 | 26 ST. RICHARDS LODGE, 91 SPITALFIELD LANE |
| 2 Nov 2023 | £93,703 | £92,500 | 68 MELBOURNE ROAD |
| 25 Aug 2023 | £90,048 | £89,500 | 71 MELBOURNE ROAD |
| 27 Jul 2023 | £151,432 | £150,000 | 27 ST. RICHARDS LODGE, 91 SPITALFIELD LANE |
| 31 Mar 2023 | £211,141 | £210,000 | 12 DOUGLAS MARTIN ROAD |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 11 Nov 2008. Using an estimated price of £293,863 means this house is valued at £4,034 per sq meter (£374 per sq foot).
The average size of a house on SPITALFIELD LANE is 57 sq meters (618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lennox Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lennox Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lennox Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lennox Road |
| Jan 2024 | Anti-social behaviour | On or near Lennox Road |