£702,421
This estimated value is based upon the latest sale price for the house of £625,000 on 3 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £625,000 | 3 Aug 2021 |
| £336,000 | 12 Jun 2009 |
| £340,000 | 14 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 August 2021 the House Price Index for WEST SUSSEX was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £625,000 results in an estimated price of approximately £702,421.
| 3 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £625,000 | £77,421 | £702,421 |
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 | 49.941 % | £312,131 | £937,131 |
| 3 Month Average | 11.007 % | £68,791 | £693,791 |
| 6 Month Average | 8.020 % | £50,126 | £675,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £367,852 | £362,200 | 33 BRIGHTON ROAD |
| 8 Dec 2023 | £696,399 | £675,000 | APARTMENT 30 WARNES STEYNE GARDENS |
| 1 Dec 2023 | £103,170 | £100,000 | FLAT 6 8 HIGH STREET |
| 19 Sep 2023 | £276,086 | £270,000 | FLAT 1 22 YORK ROAD |
| 31 Aug 2023 | £152,755 | £150,000 | 6 BRIGHTON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 20 Apr 2021. Using an estimated price of £702,421 means this house is valued at £7,167 per sq meter (£665 per sq foot).
The average size of a house on STEYNE GARDENS is 103 sq meters (1,113 sq feet).