£537,386
This estimated value is based upon the latest sale price for the house of £420,000 on 16 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 16 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 August 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £420,000 results in an estimated price of approximately £537,386.
| 16 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £420,000 | £117,386 | £537,386 |
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 | 22.449 % | £94,286 | £514,286 |
| 3 Month Average | 36.069 % | £151,490 | £571,490 |
| 6 Month Average | 20.506 % | £86,127 | £506,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £345,305 | £340,000 | 35 HAWKS ROAD |
| 30 Oct 2023 | £265,019 | £259,000 | 19 THE LOWLANDS |
| 24 Mar 2023 | £274,586 | £270,000 | 9 LEPELAND |
| 16 Mar 2023 | £355,944 | £350,000 | 6A THE LOWLANDS |
| 3 Oct 2022 | £363,785 | £365,000 | 5 DERWENT CLOSE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 12 May 2017. Using an estimated price of £537,386 means this house is valued at £3,655 per sq meter (£339 per sq foot).
The average size of a house on DERWENT CLOSE is 93 sq meters (1,004 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Other theft | Under investigation | On or near Derwent Close |
| Jul 2024 | Anti-social behaviour | On or near Lepeland | |
| Jul 2024 | Burglary | Under investigation | On or near The Cedars |