£222,820
This estimated value is based upon the latest sale price for the house of £185,000 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Paul Close
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| Price Paid | Date |
|---|---|
| £185,000 | 30 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £185,000 results in an estimated price of approximately £222,820.
| 30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £185,000 | £37,820 | £222,820 |
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 | 4.376 % | £8,095 | £193,095 |
| 3 Month Average | 2.239 % | £4,142 | £189,142 |
| 6 Month Average | 15.075 % | £27,889 | £212,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £265,000 | £265,000 | 20 PAUL CLOSE |
| 15 Dec 2023 | £241,729 | £237,500 | 4 SUSSEX TERRACE |
| 1 Dec 2023 | £282,951 | £278,000 | 41 UPPER HORSEBRIDGE |
| 22 Sep 2023 | £372,260 | £367,500 | 28 PAUL CLOSE |
| 29 Jul 2022 | £456,228 | £455,000 | 22 MARLOW DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 20 Dec 2014. Using an estimated price of £222,821 means this house is valued at £2,142 per sq meter (£199 per sq foot).
The average size of a house on PAUL CLOSE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Paul Close |
| Mar 2024 | Public order | Under investigation | On or near Lansdowne Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Way |
| Mar 2024 | Burglary | Under investigation | On or near Old Mill Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Mill Close |