£425,113
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£250,000 | 8 Feb 2013 |
£260,000 | 27 Oct 2006 |
£77,000 | 11 Jul 1996 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 February 2013 the House Price Index for EAST SUSSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £250,000 results in an estimated price of approximately £425,113.
8 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £250,000 | £175,113 | £425,113 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 16.337 % | £40,841 | £290,841 |
3 Month Average | 60.018 % | £150,044 | £400,044 |
6 Month Average | 56.195 % | £140,487 | £390,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £277,409 | £275,000 | 8 GORRINGE DRIVE |
28 Sep 2023 | £322,100 | £315,000 | 52 GORRINGE VALLEY ROAD |
21 Apr 2023 | £285,337 | £280,000 | 30 GORRINGE VALLEY ROAD |
6 Mar 2023 | £381,369 | £375,000 | 39 GORRINGE VALLEY ROAD |
6 Feb 2023 | £387,589 | £385,000 | 32 WANNOCK LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Jan 2013. Using an estimated price of £425,113 means this house is valued at £5,184 per sq meter (£481 per sq foot).
The average size of a house on WANNOCK LANE is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Jun 2024 | Vehicle crime | Under investigation | On or near Southdown Avenue |
Apr 2024 | Anti-social behaviour | On or near Southdown Avenue | |
Apr 2024 | Anti-social behaviour | On or near Southdown Avenue | |
Apr 2024 | Anti-social behaviour | On or near Southdown Avenue |