£284,474
This estimated value is based upon the latest sale price for the house of £225,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 10 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2018 the House Price Index for EAST SUSSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £225,000 results in an estimated price of approximately £284,474.
| 10 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £225,000 | £59,474 | £284,474 |
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 | 47.717 % | £107,363 | £332,363 |
| 3 Month Average | 38.936 % | £87,606 | £312,606 |
| 6 Month Average | 11.939 % | £26,863 | £251,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £252,767 | £245,000 | 24 HALLEY PARK |
| 13 Oct 2023 | £235,345 | £230,000 | 48 HALLEY PARK |
| 26 Sep 2023 | £255,635 | £250,000 | 34 MOORE PARK |
| 18 Aug 2023 | £266,812 | £262,000 | 24 OTHAM PARK |
| 23 Mar 2023 | £233,906 | £230,000 | 3 GEERING PARK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Aug 2017. Using an estimated price of £284,474 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on OBSERVATORY VIEW is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vega Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vega Close |
| Jul 2024 | Other crime | Under investigation | On or near Vega Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vega Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Vega Close |