£558,142
This estimated value is based upon the latest sale price for the house of £460,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 13 Mar 2020 |
| £390,000 | 11 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £460,000 results in an estimated price of approximately £558,142.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £460,000 | £98,142 | £558,142 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 24.426 % | £112,359 | £572,359 |
| 3 Month Average | 43.889 % | £201,889 | £661,889 |
| 6 Month Average | 29.526 % | £135,818 | £595,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £540,301 | £532,000 | 35 PARKWAY |
| 30 Jun 2023 | £459,202 | £450,000 | THE COURTYARD, 9 THE CLOSE |
| 21 Apr 2023 | £596,150 | £585,000 | 3 BUCKHURST CLOSE |
| 23 Feb 2023 | £654,371 | £650,000 | 5 BABYLON WAY |
| 26 Aug 2022 | £557,607 | £555,000 | 15 BUCKHURST CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Sep 2019. Using an estimated price of £558,142 means this house is valued at £7,065 per sq meter (£656 per sq foot).
The average size of a house on PARKWAY is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Angus Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near The Grove |
| May 2024 | Burglary | Under investigation | On or near Old Mansion Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Westlords |