£642,347
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £480,000 | 16 Sep 2016 |
| £337,500 | 15 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 September 2016 the House Price Index for WEST SUSSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £480,000 results in an estimated price of approximately £642,347.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £480,000 | £162,347 | £642,347 |
The Postcode Pricing Model uses changes in average sales price within the PO21 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 | 52.470 % | £251,853 | £731,853 |
| 3 Month Average | 9.650 % | £46,320 | £526,320 |
| 6 Month Average | 17.340 % | £83,231 | £563,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £495,217 | £480,000 | 30 SUMMER LANE |
| 6 Apr 2023 | £346,481 | £340,000 | 1 SYLVIA CLOSE |
| 24 Mar 2023 | £460,185 | £452,500 | 32 SUMMER LANE |
| 9 Jan 2023 | £476,273 | £475,000 | 34 SUMMER LANE |
| 15 Nov 2022 | £651,951 | £655,000 | CHURCH VIEW SUMMER LANE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 21 Aug 2012. Using an estimated price of £642,348 means this house is valued at £4,039 per sq meter (£375 per sq foot).
The average size of a house on SUMMER LANE is 121 sq meters (1,311 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Pagham Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Pagham Road |
| Aug 2024 | Anti-social behaviour | On or near Summer Lane | |
| Aug 2024 | Anti-social behaviour | On or near Summer Lane | |
| Aug 2024 | Anti-social behaviour | On or near Summer Lane |