£343,723
This estimated value is based upon the latest sale price for the house of £210,000 on 21 Nov 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 21 Nov 2013 |
| £160,000 | 21 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2013 the House Price Index for EAST SUSSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £210,000 results in an estimated price of approximately £343,723.
| 21 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £210,000 | £133,723 | £343,723 |
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 | -0.728 % | £-1,529 | £208,470 |
| 3 Month Average | 45.812 % | £96,206 | £306,206 |
| 6 Month Average | 48.715 % | £102,301 | £312,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £350,000 | £350,000 | 16 GORRINGE CLOSE |
| 15 Apr 2024 | £277,409 | £275,000 | 8 GORRINGE DRIVE |
| 15 Mar 2024 | £176,969 | £174,250 | FLAT 4 CARMEN COURT EASTBOURNE ROAD |
| 22 Aug 2023 | £310,602 | £305,000 | 1 GORRINGE CLOSE |
| 24 Nov 2022 | £358,324 | £360,000 | 29 GORRINGE VALLEY ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Jul 2013. Using an estimated price of £343,723 means this house is valued at £5,926 per sq meter (£550 per sq foot).
The average size of a house on GORRINGE VALLEY ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorringe Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Went Hill Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Went Hill Gardens |