£282,113
This estimated value is based upon the latest sale price for the house of £140,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 14 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 684 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 May 2004 the House Price Index for EAST SUSSEX was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £140,000 results in an estimated price of approximately £282,113.
| 14 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £140,000 | £142,113 | £282,113 |
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 | 45.228 % | £63,318 | £203,318 |
| 3 Month Average | 56.907 % | £79,669 | £219,669 |
| 6 Month Average | 89.520 % | £125,327 | £265,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £284,986 | £280,000 | 47 CROMER WAY |
| 17 Aug 2023 | £310,214 | £307,500 | 19 FAIRISLE CLOSE |
| 29 Jul 2022 | £295,796 | £295,000 | 1 FAIRISLE CLOSE |
| 11 Feb 2022 | £304,121 | £290,000 | 11 FAIRISLE CLOSE |
| 13 Jan 2022 | £294,674 | £280,000 | 76 CROMER WAY |
This house has a floor area of 63 sq meters or 684 sq feet when measured on 6 May 2009. Using an estimated price of £282,114 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on FAIRISLE CLOSE is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cromer Way | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromer Way |
| Feb 2024 | Other theft | Under investigation | On or near Sunningdale Close |