£337,971
This estimated value is based upon the latest sale price for the house of £315,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 25 Jun 2021 |
| £208,500 | 14 May 2015 |
| £210,000 | 11 Jan 2007 |
| £66,000 | 22 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £315,000 results in an estimated price of approximately £337,971.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £315,000 | £22,971 | £337,971 |
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 | -17.878 % | £-56,315 | £258,684 |
| 3 Month Average | -14.503 % | £-45,684 | £269,315 |
| 6 Month Average | 3.905 % | £12,300 | £327,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £278,752 | £275,000 | 6 SANDBANKS CLOSE |
| 7 Feb 2023 | £424,714 | £425,000 | 4 SANDBANKS GARDENS |
| 30 Jan 2023 | £278,687 | £280,000 | 43 SANDBANKS WAY |
| 1 Apr 2022 | £319,238 | £310,000 | 5 SANDBANKS CLOSE |
| 18 Feb 2022 | £330,339 | £315,000 | 58 SANDBANKS WAY |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Oct 2014. Using an estimated price of £337,971 means this house is valued at £6,499 per sq meter (£603 per sq foot).
The average size of a house on SANDBANKS CLOSE is 87 sq meters (942 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandbanks Gardens |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandbanks Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ersham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quintin Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cacklebury Close |