£429,070
This estimated value is based upon the latest sale price for the house of £323,000 on 21 Sep 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£323,000 | 21 Sep 2016 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 September 2016 the House Price Index for EAST SUSSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £323,000 results in an estimated price of approximately £429,070.
21 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £323,000 | £106,070 | £429,070 |
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 | 6.922 % | £22,359 | £345,359 |
3 Month Average | 5.955 % | £19,233 | £342,233 |
6 Month Average | 30.058 % | £97,087 | £420,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £494,325 | £490,000 | 40 SUMMERFIELDS AVENUE |
27 Jun 2023 | £161,962 | £160,000 | FLAT 20 SUMMER COURT SUMMERFIELDS AVENUE |
23 Feb 2023 | £344,768 | £345,000 | 10 SUMMERFIELDS AVENUE |
17 Jan 2023 | £196,076 | £197,000 | FLAT 3 SUMMER COURT SUMMERFIELDS AVENUE |
17 Jun 2022 | £314,444 | £310,000 | 17 WOODPECKER DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Jul 2012. Using an estimated price of £429,070 means this house is valued at £4,767 per sq meter (£442 per sq foot).
The average size of a house on SUMMERFIELDS AVENUE is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Summercourt |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summercourt |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summercourt |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawkins Way |
Apr 2024 | Anti-social behaviour | On or near Western Road |