£487,209
This estimated value is based upon the latest sale price for the house of £265,000 on 13 Jul 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 13 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 July 2005 the House Price Index for EAST SUSSEX was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £265,000 results in an estimated price of approximately £487,209.
| 13 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £265,000 | £222,209 | £487,209 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 57.255 % | £151,725 | £416,725 |
| 3 Month Average | 265.841 % | £704,477 | £969,477 |
| 6 Month Average | 133.442 % | £353,621 | £618,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £215,693 | £212,500 | 31 SANTA CRUZ DRIVE |
| 4 Sep 2023 | £253,238 | £250,000 | 49 SANTA CRUZ DRIVE |
| 31 Aug 2023 | £219,420 | £217,500 | 40 SANTA CRUZ DRIVE |
| 3 Jul 2023 | £217,933 | £215,000 | FLAT 3 4 SANTA CRUZ DRIVE |
| 6 Jun 2023 | £215,106 | £212,500 | FLAT 3 6 SANTA CRUZ DRIVE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 8 Jul 2019. Using an estimated price of £487,210 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on SANTA CRUZ DRIVE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near The Portlands |