£307,527
This estimated value is based upon the latest sale price for the house of £229,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £229,000 | 6 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 611 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 May 2016 the House Price Index for EAST SUSSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £229,000 results in an estimated price of approximately £307,527.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £229,000 | £78,527 | £307,527 |
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 | 56.162 % | £128,611 | £357,611 |
| 3 Month Average | 48.683 % | £111,484 | £340,484 |
| 6 Month Average | 43.550 % | £99,730 | £328,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £307,692 | £305,000 | 1 GORRINGE CLOSE |
| 24 Nov 2022 | £355,692 | £360,000 | 29 GORRINGE VALLEY ROAD |
| 6 Sep 2022 | £347,196 | £350,000 | 13 GORRINGE DRIVE |
| 27 Apr 2022 | £231,705 | £225,000 | FLAT 18 CARMEN COURT EASTBOURNE ROAD |
| 8 Apr 2022 | £360,430 | £350,000 | 21 GORRINGE CLOSE |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 13 Feb 2010. Using an estimated price of £307,528 means this house is valued at £5,414 per sq meter (£502 per sq foot).
The average size of a house on GORRINGE DRIVE is 67 sq meters (727 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near The Triangle |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near The Triangle |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Meachants Lane |