£655,338
This estimated value is based upon the latest sale price for the house of £385,000 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Rectory Close
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| Price Paid | Date |
|---|---|
| £385,000 | 31 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 913 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 July 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £385,000 results in an estimated price of approximately £655,338.
| 31 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £385,000 | £270,338 | £655,338 |
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 | 64.747 % | £249,275 | £634,275 |
| 3 Month Average | 69.440 % | £267,345 | £652,345 |
| 6 Month Average | 70.245 % | £270,444 | £655,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £486,217 | £480,000 | 24 CHURCHILL CLOSE |
| 4 Aug 2023 | £403,530 | £400,000 | 35 VICARAGE ROAD |
| 18 Apr 2023 | £985,612 | £975,000 | 17 RECTORY CLOSE |
| 1 Aug 2022 | £408,899 | £410,000 | 44 VICARAGE ROAD |
| 23 Jun 2022 | £912,901 | £900,000 | 23 RECTORY CLOSE |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 22 Mar 2012. Using an estimated price of £655,339 means this house is valued at £7,718 per sq meter (£717 per sq foot).
The average size of a house on GLEBE CLOSE is 153 sq meters (1,651 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rectory Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Vicarage Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Close |