£309,918
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Aug 2019 |
| £164,500 | 11 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £250,000 results in an estimated price of approximately £309,918.
| 14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £250,000 | £59,918 | £309,918 |
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 | -11.674 % | £-29,185 | £220,814 |
| 3 Month Average | 0.709 % | £1,772 | £251,772 |
| 6 Month Average | 11.076 % | £27,689 | £277,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £311,875 | £305,000 | 15 CHESTNUT DRIVE |
| 28 Apr 2023 | £346,481 | £340,000 | 3 BURNSIDE |
| 17 Feb 2023 | £184,231 | £183,000 | FLAT 15 HAWTHORN COURT BLACK PATH |
| 21 Oct 2022 | £169,932 | £170,500 | FLAT 2 HAWTHORN COURT BLACK PATH |
| 10 Aug 2022 | £376,762 | £375,000 | 33 MANOR WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Sep 2018. Using an estimated price of £309,918 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on CHESTNUT DRIVE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Drive |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chestnut Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Drive |
| Apr 2024 | Anti-social behaviour | On or near Black Path | |
| Apr 2024 | Anti-social behaviour | On or near Black Path |