£299,799
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 2 Sep 2022 |
| £158,000 | 21 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2022 the House Price Index for EAST SUSSEX was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £300,000 results in an estimated price of approximately £299,799.
| 2 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £300,000 | £-200 | £299,799 |
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 | -3.180 % | £-9,539 | £290,460 |
| 3 Month Average | -21.547 % | £-64,640 | £235,359 |
| 6 Month Average | -10.285 % | £-30,853 | £269,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £141,859 | £137,500 | FLAT 19 ARGYLL COURT FAYGATE ROAD |
| 1 Nov 2023 | £279,084 | £272,000 | 55 PARKFIELD AVENUE |
| 15 Jun 2023 | £114,290 | £112,000 | FLAT 12 ARGYLL COURT FAYGATE ROAD |
| 26 Apr 2023 | £606,341 | £595,000 | 70 BRASSEY AVENUE |
| 14 Mar 2023 | £116,953 | £115,000 | FLAT 32 ARGYLL COURT FAYGATE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Sep 2018. Using an estimated price of £299,800 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on BINSTED CLOSE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Binsted Close |
| Jul 2024 | Other theft | Under investigation | On or near Binsted Close |
| Jul 2024 | Drugs | Under investigation | On or near Binsted Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Binsted Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Faygate Road |