£372,779
This estimated value is based upon the latest sale price for the house of £249,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £249,000 | 2 Oct 2014 |
| £68,000 | 22 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST SUSSEX to estimate the market value.
When this house was purchased in October 2014 the House Price Index for EAST SUSSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £249,000 results in an estimated price of approximately £372,779.
| 2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £249,000 | £123,779 | £372,779 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 55.434 % | £138,031 | £387,031 |
| 3 Month Average | 73.147 % | £182,136 | £431,136 |
| 6 Month Average | 60.007 % | £149,417 | £398,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £164,885 | £162,000 | 27A ABERDALE ROAD |
| 14 Jul 2023 | £177,387 | £175,000 | 7 ABERDALE ROAD |
| 12 Jan 2023 | £144,320 | £145,000 | 5A ABERDALE ROAD |
| 20 May 2022 | £382,202 | £375,000 | 15 FAIROAKS |
| 18 Jan 2022 | £347,295 | £330,000 | 28 GLYNLEIGH DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Jul 2014. Using an estimated price of £372,779 means this house is valued at £4,841 per sq meter (£449 per sq foot).
The average size of a house on DROCKMILL CLOSE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glynleigh Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Aberdale Road |