£251,176
This estimated value is based upon the latest sale price for the house of £169,950 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £169,950 | 27 Feb 2015 |
| £110,000 | 10 Dec 2004 |
| £82,000 | 19 Jul 2002 |
| £50,000 | 17 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2015 the House Price Index for EAST SUSSEX was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £169,950 results in an estimated price of approximately £251,176.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £169,950 | £81,226 | £251,176 |
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 | 66.940 % | £113,765 | £283,715 |
| 3 Month Average | 66.352 % | £112,765 | £282,715 |
| 6 Month Average | 50.717 % | £86,194 | £256,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £148,600 | £147,000 | 30B ELSTED CLOSE |
| 22 Feb 2023 | £322,783 | £323,000 | 72 ASHINGTON ROAD |
| 10 Feb 2023 | £151,898 | £152,000 | 21 NORTHUMBERLAND COURT FLETCHING ROAD |
| 12 Nov 2021 | £311,476 | £288,000 | 1 ASHINGTON ROAD |
| 15 Sep 2021 | £210,131 | £195,000 | 12 ELSTED CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 6 Oct 2009. Using an estimated price of £251,176 means this house is valued at £3,304 per sq meter (£307 per sq foot).
The average size of a house on PENHURST CLOSE is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Port Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Port Road |