£297,655
This estimated value is based upon the latest sale price for the house of £94,000 on 4 Dec 2001. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Observatory View
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| Price Paid | Date |
|---|---|
| £94,000 | 4 Dec 2001 |
| Semi-Detached |
| Freehold |
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 December 2001 the House Price Index for EAST SUSSEX was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £94,000 results in an estimated price of approximately £297,655.
| 4 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £94,000 | £203,655 | £297,655 |
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 | 119.859 % | £112,667 | £206,667 |
| 3 Month Average | 151.374 % | £142,291 | £236,291 |
| 6 Month Average | 201.534 % | £189,442 | £283,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £264,630 | £260,000 | 9 ANTARES PATH |
| 6 Dec 2023 | £249,363 | £245,000 | 24 HALLEY PARK |
| 30 Nov 2023 | £238,531 | £235,000 | 45 OBSERVATORY VIEW |
| 12 Sep 2023 | £263,367 | £260,000 | 61 OBSERVATORY VIEW |
| 25 Aug 2023 | £237,074 | £235,000 | 41 OBSERVATORY VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Observatory View |
| Mar 2024 | Anti-social behaviour | On or near Observatory View | |
| Mar 2024 | Anti-social behaviour | On or near Observatory View | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Observatory View |
| Feb 2024 | Anti-social behaviour | On or near Observatory View |