£296,696
This estimated value is based upon the latest sale price for the house of £242,500 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £242,500 | 14 Feb 2020 |
| £83,500 | 1 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £242,500 results in an estimated price of approximately £296,696.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £242,500 | £54,196 | £296,696 |
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 | -2.069 % | £-5,016 | £237,483 |
| 3 Month Average | -5.138 % | £-12,458 | £230,041 |
| 6 Month Average | 12.783 % | £30,998 | £273,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £278,562 | £275,000 | 3 BLOSSOM WALK |
| 29 Jun 2023 | £354,292 | £350,000 | 54 MILLAND ROAD |
| 23 Feb 2023 | £304,795 | £305,000 | 5 ILEX GREEN |
| 8 Apr 2022 | £293,493 | £285,000 | 5 OLDFIELD CRESCENT |
| 28 Feb 2022 | £293,634 | £280,000 | 36 MILLAND ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Nov 2019. Using an estimated price of £296,696 means this house is valued at £4,238 per sq meter (£393 per sq foot).
The average size of a house on OLDFIELD CRESCENT is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oldfield Crescent | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near The Cedars |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |