£273,316
This estimated value is based upon the latest sale price for the house of £158,000 on 18 Feb 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£158,000 | 18 Feb 2011 |
£176,000 | 12 Mar 2008 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 695 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 2011 the House Price Index for EAST SUSSEX was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £158,000 results in an estimated price of approximately £273,316.
18 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 72.985 % | £158,000 | £115,316 | £273,316 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 9.790 % | £15,467 | £173,467 |
3 Month Average | 26.644 % | £42,098 | £200,098 |
6 Month Average | 44.694 % | £70,616 | £228,616 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £323,812 | £321,000 | 11 NURSERY CLOSE |
17 Nov 2023 | £348,855 | £340,000 | 56 HERON RIDGE |
9 Nov 2023 | £189,818 | £185,000 | 18 HERON RIDGE |
27 Jun 2023 | £454,100 | £445,000 | 12 NURSERY CLOSE |
24 Mar 2023 | £251,703 | £247,500 | 14 HERON RIDGE |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 8 Sep 2010. Using an estimated price of £273,317 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on HERON RIDGE is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge |