£701,453
This estimated value is based upon the latest sale price for the house of £585,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £585,000 | 21 Aug 2020 |
| £540,000 | 29 Sep 2016 |
| £420,000 | 5 Jul 2013 |
| £160,000 | 25 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 August 2020 the House Price Index for EAST SUSSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £585,000 results in an estimated price of approximately £701,453.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £585,000 | £116,453 | £701,453 |
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 | -4.442 % | £-25,982 | £559,017 |
| 3 Month Average | 21.774 % | £127,376 | £712,376 |
| 6 Month Average | 19.535 % | £114,281 | £699,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £734,891 | £725,000 | 16A BUCKHURST CLOSE |
| 21 Apr 2023 | £591,367 | £585,000 | 3 BUCKHURST CLOSE |
| 23 Feb 2023 | £649,563 | £650,000 | 5 BABYLON WAY |
| 26 Aug 2022 | £553,510 | £555,000 | 15 BUCKHURST CLOSE |
| 18 Aug 2022 | £563,483 | £565,000 | DOWNS VIEW, 12 BUCKHURST CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 19 Jun 2012. Using an estimated price of £701,454 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on PARKWAY is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Apr 2024 | Public order | Under investigation | On or near The Grove |
| Mar 2024 | Public order | Under investigation | On or near The Grove |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close |