£455,484
This estimated value is based upon the latest sale price for the house of £310,000 on 16 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 |
|---|---|
| £310,000 | 16 Apr 2015 |
| £250,000 | 14 Oct 2011 |
| £125,000 | 18 Jun 1999 |
| £83,000 | 17 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 981 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 £310,000 results in an estimated price of approximately £455,484.
| 16 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £310,000 | £145,484 | £455,484 |
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 | 18.289 % | £56,695 | £366,695 |
| 3 Month Average | 18.562 % | £57,540 | £367,540 |
| 6 Month Average | 41.791 % | £129,553 | £439,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £272,568 | £270,000 | 9 LEPELAND |
| 3 Oct 2022 | £361,112 | £365,000 | 5 DERWENT CLOSE |
| 3 Aug 2022 | £299,195 | £300,000 | THE BUNGALOW |
| 24 Jun 2022 | £355,017 | £350,000 | JEBANI GROVELANDS ROAD |
| 8 Apr 2022 | £535,496 | £520,000 | 18A HEMPSTEAD LANE |
This house has a floor area of 91 sq meters or 981 sq feet when measured on 7 Jun 2011. Using an estimated price of £455,484 means this house is valued at £4,994 per sq meter (£463 per sq foot).
The average size of a house on DERWENT CLOSE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lepeland |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lepeland |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lepeland |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near The Cedars |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Cedars |