£352,632
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£240,000 | 17 Apr 2015 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 April 2015 the House Price Index for EAST SUSSEX was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £240,000 results in an estimated price of approximately £352,632.
17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £240,000 | £112,632 | £352,632 |
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 | 22.544 % | £54,105 | £294,105 |
3 Month Average | 58.805 % | £141,132 | £381,132 |
6 Month Average | 51.551 % | £123,723 | £363,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £458,014 | £450,000 | 10 THE CLOISTERS |
20 Apr 2023 | £424,571 | £420,000 | 9 SUMMERLANDS ROAD |
30 Mar 2023 | £441,661 | £437,500 | 6 SALISBURY CLOSE |
4 Aug 2022 | £398,926 | £400,000 | 48 MEADOWS ROAD |
15 Jul 2022 | £406,093 | £405,000 | 53 WINCHESTER WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Aug 2015. Using an estimated price of £352,633 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on GLOUCESTER CLOSE is 112 sq meters (1,214 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Winchester Way | |
Feb 2024 | Anti-social behaviour | On or near Winchester Way | |
Feb 2024 | Anti-social behaviour | On or near Winchester Way | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downs Road |
Apr 2024 | Burglary | Under investigation | On or near Willingdon Park Drive |