£342,857
This estimated value is based upon the latest sale price for the house of £277,500 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£277,500 | 22 Nov 2019 |
£130,000 | 7 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £277,500 results in an estimated price of approximately £342,857.
22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £277,500 | £65,357 | £342,857 |
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 | 48.188 % | £133,722 | £411,222 |
3 Month Average | 10.850 % | £30,109 | £307,609 |
6 Month Average | 18.746 % | £52,019 | £329,519 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £279,084 | £272,000 | 55 PARKFIELD AVENUE |
26 Apr 2023 | £606,341 | £595,000 | 70 BRASSEY AVENUE |
6 Apr 2023 | £412,720 | £405,000 | 15 FIRWOOD CLOSE |
13 Mar 2023 | £244,076 | £240,000 | 12 BINSTED CLOSE |
2 Sep 2022 | £299,800 | £300,000 | 17 BINSTED CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Jul 2019. Using an estimated price of £342,858 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on FIRWOOD CLOSE is 110 sq meters (1,193 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Avenue |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Parkfield Avenue |
Jun 2024 | Anti-social behaviour | On or near Parkfield Avenue | |
Jun 2024 | Anti-social behaviour | On or near Parkfield Avenue | |
Jul 2024 | Drugs | Under investigation | On or near Binsted Close |