£342,009
This estimated value is based upon the latest sale price for the house of £295,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £295,000 | 4 Nov 2020 |
| £150,000 | 19 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2020 the House Price Index for EAST SUSSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £295,000 results in an estimated price of approximately £342,009.
| 4 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £295,000 | £47,009 | £342,009 |
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 | -7.456 % | £-21,995 | £273,004 |
| 3 Month Average | 19.794 % | £58,393 | £353,393 |
| 6 Month Average | 11.069 % | £32,653 | £327,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £206,809 | £205,000 | 4 MILL HOUSE SCHOOL LANE |
| 26 Jun 2023 | £256,102 | £253,000 | 26 STATION ROAD |
| 3 May 2022 | £168,169 | £165,000 | 8A GILDA CRESCENT |
| 31 Mar 2022 | £125,388 | £121,000 | 12A GILDA CRESCENT |
| 17 Dec 2021 | £230,293 | £214,950 | 2 MILL HOUSE SCHOOL LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Feb 2020. Using an estimated price of £342,009 means this house is valued at £3,717 per sq meter (£345 per sq foot).
The average size of a house on GILDA CRESCENT is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Gilda Crescent |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gilda Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gilda Close |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Gilda Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Gilda Close |