£396,954
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Apr 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 15 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 April 2011 the House Price Index for EAST SUSSEX was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £230,000 results in an estimated price of approximately £396,954.
| 15 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £230,000 | £166,954 | £396,954 |
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 | 73.992 % | £170,180 | £400,180 |
| 3 Month Average | 81.383 % | £187,180 | £417,180 |
| 6 Month Average | 73.298 % | £168,585 | £398,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £259,000 | £259,000 | 35 WINCHESTER WAY |
| 1 Dec 2023 | £464,266 | £450,000 | 10 THE CLOISTERS |
| 20 Apr 2023 | £428,005 | £420,000 | 9 SUMMERLANDS ROAD |
| 30 Mar 2023 | £444,930 | £437,500 | 6 SALISBURY CLOSE |
| 4 Aug 2022 | £401,879 | £400,000 | 48 MEADOWS ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 17 Oct 2014. Using an estimated price of £396,955 means this house is valued at £3,969 per sq meter (£368 per sq foot).
The average size of a house on GLOUCESTER CLOSE is 112 sq meters (1,214 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Winchester Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Huggett'S Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Chichester Close |
| Jul 2024 | Theft from the person | Under investigation | On or near Church Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Freshway |