£2,432,894
This estimated value is based upon the latest sale price for the house of £399,950 on 10 Oct 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £399,950 | 10 Oct 2023 |
| £250,000 | 27 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 793 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 October 2023 the House Price Index for EAST SUSSEX was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £399,950 results in an estimated price of approximately £2,432,894.
| 10 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £399,950 | £2,032,944 | £2,432,894 |
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 | -35.949 % | £-143,779 | £256,170 |
| 3 Month Average | -17.107 % | £-68,420 | £331,529 |
| 6 Month Average | 2.412 % | £9,646 | £409,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £363,358 | £357,000 | 3 HOLLY CLOSE |
| 28 Sep 2023 | £400,116 | £395,000 | 9 SHERWOOD GREEN |
| 28 Apr 2023 | £439,735 | £435,000 | 5 GILBERT WAY |
| 26 Apr 2023 | £374,027 | £370,000 | 6 BIRCH WAY |
| 19 Aug 2022 | £418,872 | £420,000 | 6 HOLLY CLOSE |
This house has a floor area of 73 sq meters or 793 sq feet when measured on 9 Aug 2011.
The average size of a house on PARK CLOSE is 136 sq meters (1,471 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Apr 2024 | Possession of weapons | Under investigation | On or near Ersham Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ersham Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ersham Way |