£249,910
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Nov 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£145,000 | 9 Nov 2011 |
£82,500 | 25 May 2000 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 814 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 2011 the House Price Index for EAST SUSSEX was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £145,000 results in an estimated price of approximately £249,910.
9 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £145,000 | £104,910 | £249,910 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 28.868 % | £41,858 | £186,858 |
3 Month Average | 32.015 % | £46,421 | £191,421 |
6 Month Average | 59.224 % | £85,875 | £230,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £254,452 | £250,000 | 24 GORDON ROAD |
28 Jul 2023 | £276,218 | £272,500 | 23 LINDFIELD DRIVE |
24 Jul 2023 | £177,387 | £175,000 | 17 GORDON ROAD |
28 Apr 2023 | £233,514 | £231,000 | 2 HOLYWELL WALK |
25 Mar 2022 | £227,978 | £220,000 | 46 LINDFIELD DRIVE |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 22 Jun 2011. Using an estimated price of £249,911 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on OLD ORCHARD PLACE is 66 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindfield Drive |
Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |