£423,583
This estimated value is based upon the latest sale price for the house of £340,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 26 Apr 2019 |
| £178,500 | 20 Jun 2003 |
| £79,750 | 5 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for EAST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £340,000 results in an estimated price of approximately £423,583.
| 26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £340,000 | £83,583 | £423,583 |
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 | 18.931 % | £64,365 | £404,365 |
| 3 Month Average | 38.118 % | £129,602 | £469,602 |
| 6 Month Average | 16.122 % | £54,816 | £394,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £390,895 | £387,500 | 5 SANDBANKS GARDENS |
| 12 Oct 2023 | £370,924 | £362,500 | 86 SANDBANKS WAY |
| 7 Feb 2023 | £427,858 | £425,000 | 4 SANDBANKS GARDENS |
| 30 Jan 2023 | £280,750 | £280,000 | 43 SANDBANKS WAY |
| 4 May 2022 | £349,095 | £340,000 | 82 INGRAMS WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 1 Nov 2018. Using an estimated price of £423,583 means this house is valued at £3,850 per sq meter (£357 per sq foot).
The average size of a house on SANDBANKS CLOSE is 87 sq meters (942 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Ersham Road | |
| Jul 2024 | Anti-social behaviour | On or near Ersham Road | |
| Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
| Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
| Apr 2024 | Anti-social behaviour | On or near Ersham Road |