£421,884
This estimated value is based upon the latest sale price for the house of £342,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £342,000 | 12 Dec 2018 |
| £275,000 | 12 Nov 2010 |
| £292,000 | 14 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 December 2018 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £342,000 results in an estimated price of approximately £421,884.
| 12 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £342,000 | £79,884 | £421,884 |
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 | -2.991 % | £-10,229 | £331,770 |
| 3 Month Average | -2.140 % | £-7,319 | £334,680 |
| 6 Month Average | 19.680 % | £67,306 | £409,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £312,500 | £312,500 | 5 MEDWAY |
| 9 Nov 2023 | £350,184 | £345,000 | 1 THE PADDOCKS |
| 26 Sep 2023 | £455,828 | £450,000 | 5 ARRAN CLOSE |
| 15 Sep 2023 | £329,209 | £325,000 | 40 ROCKALL DRIVE |
| 1 Sep 2023 | £464,438 | £458,500 | 9 THE PADDOCKS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 25 Sep 2018. Using an estimated price of £421,884 means this house is valued at £3,636 per sq meter (£337 per sq foot).
The average size of a house on THE PADDOCKS is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Paddocks |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Paddocks |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Arran Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rockall Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockall Drive |