£494,047
This estimated value is based upon the latest sale price for the house of £360,000 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Ersham Way
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| Price Paid | Date |
|---|---|
| £360,000 | 11 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 January 2016 the House Price Index for EAST SUSSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £360,000 results in an estimated price of approximately £494,047.
| 11 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £360,000 | £134,047 | £494,047 |
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 | 7.426 % | £26,734 | £386,734 |
| 3 Month Average | 6.873 % | £24,742 | £384,742 |
| 6 Month Average | 32.062 % | £115,424 | £475,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £615,384 | £610,000 | 26 KNIGHTS GARDEN |
| 8 Aug 2023 | £327,868 | £325,000 | 10 WINDSOR ROAD |
| 7 Sep 2022 | £312,477 | £315,000 | 8 PALMERS ROW |
| 31 May 2022 | £346,529 | £340,000 | 29 KNIGHTS GARDEN |
| 20 May 2022 | £267,032 | £262,000 | 31 WINDSOR ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 13 Oct 2015. Using an estimated price of £494,048 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on WINDSOR ROAD is 98 sq meters (1,063 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |