£339,092
This estimated value is based upon the latest sale price for the house of £79,000 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£79,000 | 27 Aug 1999 |
£58,950 | 21 Jul 1995 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 August 1999 the House Price Index for EAST SUSSEX was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £79,000 results in an estimated price of approximately £339,092.
27 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 148.6 | 329.231 % | £79,000 | £260,092 | £339,092 |
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 | 229.031 % | £180,934 | £259,934 |
3 Month Average | 223.593 % | £176,638 | £255,638 |
6 Month Average | 304.234 % | £240,344 | £319,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £408,726 | £403,500 | 23 PITREAVIE DRIVE |
16 Aug 2023 | £325,851 | £323,000 | 30 WOODPECKER DRIVE |
28 Jul 2023 | £451,071 | £445,000 | 1 FOREST VIEW |
9 Jun 2023 | £255,090 | £252,000 | 25 MELROSE CLOSE |
28 Apr 2023 | £414,463 | £410,000 | 14 PITREAVIE DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 May 2015. Using an estimated price of £339,093 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on MELROSE CLOSE is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mountain Ash Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mountain Ash Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mountain Ash Close |
Feb 2024 | Public order | Under investigation | On or near Mountain Ash Close |
Apr 2024 | Anti-social behaviour | On or near St Mellion Close |