£360,904
This estimated value is based upon the latest sale price for the house of £290,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 18 Jan 2019 |
| £307,000 | 12 Apr 2017 |
| £218,000 | 14 Jan 2013 |
| £191,000 | 15 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 797 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 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £290,000 results in an estimated price of approximately £360,904.
| 18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £290,000 | £70,904 | £360,904 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | -27.228 % | £-78,961 | £211,038 |
| 3 Month Average | -13.959 % | £-40,479 | £249,520 |
| 6 Month Average | 2.355 % | £6,830 | £296,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £284,369 | £280,000 | 15 MAYFAIR CLOSE |
| 15 Sep 2023 | £306,762 | £300,000 | 20 MORTIMER GARDENS |
| 25 Aug 2023 | £386,980 | £380,000 | 6 PADDOCK GARDENS |
| 8 Mar 2023 | £354,927 | £349,000 | 19 PADDOCK GARDENS |
| 5 Jul 2022 | £373,745 | £370,000 | 11 MILLSTREAM GARDENS |
This house has a floor area of 74 sq meters or 797 sq feet when measured on 26 Feb 2009. Using an estimated price of £360,905 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on PADDOCK GARDENS is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmlands Way |
| Jun 2024 | Burglary | Under investigation | On or near The Millrace |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farmlands Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wannock Road |
| Jul 2024 | Other theft | Under investigation | On or near Southfield |