£298,470
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 24 Aug 2017 |
| £180,000 | 6 Jun 2008 |
| £65,000 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £235,000 results in an estimated price of approximately £298,470.
| 24 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £235,000 | £63,470 | £298,470 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -1.649 % | £-3,876 | £231,123 |
| 3 Month Average | 27.337 % | £64,242 | £299,242 |
| 6 Month Average | 28.824 % | £67,736 | £302,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £284,986 | £280,000 | 7 PINEWOOD CLOSE |
| 21 Sep 2023 | £557,123 | £550,000 | 77 WILLINGDON PARK DRIVE |
| 11 Aug 2023 | £423,707 | £420,000 | 108 WILLINGDON PARK DRIVE |
| 14 Jul 2023 | £288,888 | £285,000 | 21 MEADOWLANDS AVENUE |
| 19 Apr 2023 | £274,961 | £272,000 | 5 MEADOWLANDS AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 May 2017. Using an estimated price of £298,471 means this house is valued at £3,684 per sq meter (£342 per sq foot).
The average size of a house on MEADOWLANDS AVENUE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chelworth Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chelworth Road |
| Feb 2024 | Burglary | Under investigation | On or near Pinewood Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinewood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadowlands Avenue |