£578,198
This estimated value is based upon the latest sale price for the house of £129,000 on 12 Mar 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £129,000 | 12 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 March 1999 the House Price Index for EAST SUSSEX was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £129,000 results in an estimated price of approximately £578,198.
| 12 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £129,000 | £449,198 | £578,198 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 224.110 % | £289,102 | £418,102 |
| 3 Month Average | 260.016 % | £335,420 | £464,420 |
| 6 Month Average | 331.963 % | £428,232 | £557,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £363,358 | £357,000 | 3 HOLLY CLOSE |
| 2 Nov 2023 | £334,959 | £330,000 | 29 THE DRIVE |
| 28 Sep 2023 | £400,116 | £395,000 | 9 SHERWOOD GREEN |
| 28 Apr 2023 | £439,735 | £435,000 | 5 GILBERT WAY |
| 26 Apr 2023 | £374,027 | £370,000 | 6 BIRCH WAY |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 7 May 2015. Using an estimated price of £578,199 means this house is valued at £4,347 per sq meter (£403 per sq foot).
There is one other house on the street which we know the size of, this is 2 HOLLY CLOSE it is 113.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Local resolution | On or near Honeysuckle Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Apr 2024 | Possession of weapons | Under investigation | On or near Ersham Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ersham Way |