£409,340
This estimated value is based upon the latest sale price for the house of £210,000 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 2 Jul 2004 |
| £127,000 | 28 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2004 the House Price Index for EAST SUSSEX was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £210,000 results in an estimated price of approximately £409,340.
| 2 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £210,000 | £199,340 | £409,340 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 80.571 % | £169,198 | £379,198 |
| 3 Month Average | 97.134 % | £203,981 | £413,981 |
| 6 Month Average | 93.284 % | £195,896 | £405,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £308,950 | £305,000 | 9 TAMARACK CLOSE |
| 3 Mar 2023 | £297,806 | £295,000 | 53 MAYWOOD AVENUE |
| 27 Jan 2023 | £301,082 | £302,500 | 25 BROOM CLOSE |
| 4 Jan 2023 | £348,359 | £350,000 | 7 BROOM CLOSE |
| 29 Jul 2022 | £258,195 | £257,500 | 33 MAYWOOD AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Mar 2014. Using an estimated price of £409,341 means this house is valued at £6,109 per sq meter (£567 per sq foot).
The average size of a house on ELDERWOOD CLOSE is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tamarack Close |
| Apr 2024 | Anti-social behaviour | On or near Tamarack Close | |
| Apr 2024 | Anti-social behaviour | On or near Tamarack Close | |
| Apr 2024 | Anti-social behaviour | On or near Tamarack Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tamarack Close |