£450,534
This estimated value is based upon the latest sale price for the house of £264,950 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £264,950 | 22 Feb 2013 |
| £250,000 | 19 Dec 2006 |
| £225,000 | 9 Jan 2003 |
| £57,500 | 2 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 February 2013 the House Price Index for EAST SUSSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £264,950 results in an estimated price of approximately £450,534.
| 22 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £264,950 | £185,584 | £450,534 |
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 | 70.653 % | £187,195 | £452,145 |
| 3 Month Average | 81.052 % | £214,746 | £479,696 |
| 6 Month Average | 52.911 % | £140,186 | £405,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £350,000 | £350,000 | 1 PARK CLOSE |
| 20 Dec 2023 | £368,318 | £357,000 | 3 HOLLY CLOSE |
| 2 Nov 2023 | £338,595 | £330,000 | 29 THE DRIVE |
| 10 Oct 2023 | £409,245 | £399,950 | 3 PARK CLOSE |
| 6 Oct 2023 | £654,874 | £640,000 | 2 THE GROVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 4 Apr 2012. Using an estimated price of £450,535 means this house is valued at £3,883 per sq meter (£360 per sq foot).
The average size of a house on PARK CLOSE is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Park Close | |
| Jun 2024 | Anti-social behaviour | On or near Birch Way | |
| Jun 2024 | Anti-social behaviour | On or near Birch Way | |
| Jun 2024 | Anti-social behaviour | On or near The Grove | |
| Jun 2024 | Anti-social behaviour | On or near The Grove |