£461,474
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Mar 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 13 Mar 2012 |
| £165,000 | 30 May 2003 |
| £68,000 | 22 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 780 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 March 2012 the House Price Index for EAST SUSSEX was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £270,000 results in an estimated price of approximately £461,474.
| 13 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £270,000 | £191,474 | £461,474 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 84.126 % | £227,139 | £497,139 |
| 3 Month Average | 27.913 % | £75,363 | £345,363 |
| 6 Month Average | 51.143 % | £138,087 | £408,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £482,138 | £475,000 | 11 CHURCH LANE |
| 4 Aug 2023 | £317,780 | £315,000 | 5 WAITE CLOSE |
| 28 Jul 2023 | £449,550 | £443,500 | 9 HEREWARD WAY |
| 17 Mar 2023 | £343,234 | £340,000 | 5 DE GREY CLOSE |
| 20 Feb 2023 | £259,825 | £260,000 | 10 MALLING CLOSE |
This house has a floor area of 72 sq meters or 780 sq feet when measured on 17 Jun 2011. Using an estimated price of £461,474 means this house is valued at £6,366 per sq meter (£591 per sq foot).
The average size of a house on HEREWARD WAY is 99 sq meters (1,066 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Spences Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spences Lane |