£259,321
This estimated value is based upon the latest sale price for the house of £210,000 on 11 Sep 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 11 Sep 2018 |
| £165,000 | 15 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 September 2018 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £210,000 results in an estimated price of approximately £259,321.
| 11 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £210,000 | £49,321 | £259,321 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 27.759 % | £58,294 | £268,294 |
| 3 Month Average | 24.059 % | £50,524 | £260,524 |
| 6 Month Average | 19.703 % | £41,376 | £251,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £297,808 | £294,000 | 6 GEORGE STANLEY MEWS |
| 19 Jul 2023 | £724,754 | £715,000 | 58 UPPER KINGS DRIVE |
| 23 Jun 2023 | £173,097 | £171,000 | 19 SPRING CLOSE |
| 12 Jul 2022 | £320,864 | £320,000 | 8 SPRING CLOSE |
| 23 Feb 2022 | £288,391 | £275,000 | 18 SPRING CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Sep 2012. Using an estimated price of £259,322 means this house is valued at £4,322 per sq meter (£401 per sq foot).
The average size of a house on SPRING CLOSE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Barn Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Barn Close |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close |