£298,711
This estimated value is based upon the latest sale price for the house of £240,000 on 6 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 6 Jun 2019 |
| £247,500 | 21 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for WEST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £240,000 results in an estimated price of approximately £298,711.
| 6 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £240,000 | £58,711 | £298,711 |
The Postcode Pricing Model uses changes in average sales price within the BN11 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 | 19.752 % | £47,404 | £287,404 |
| 3 Month Average | 7.977 % | £19,143 | £259,143 |
| 6 Month Average | 13.877 % | £33,304 | £273,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £608,828 | £595,000 | 3 AGLAIA ROAD |
| 13 Oct 2023 | £752,081 | £735,000 | 32 WALLACE AVENUE |
| 7 Aug 2023 | £392,071 | £385,000 | 43 AND 43A PEVENSEY ROAD |
| 26 Apr 2023 | £331,195 | £325,000 | 10A AGLAIA ROAD |
| 27 Feb 2023 | £251,681 | £250,000 | FLAT 20 WALBERTON COURT WALLACE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Nov 2016. Using an estimated price of £298,712 means this house is valued at £4,267 per sq meter (£396 per sq foot).
The average size of a house on WALLACE AVENUE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aglaia Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Anscombe Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Anscombe Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Anscombe Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Phrosso Road |