£424,550
This estimated value is based upon the latest sale price for the house of £279,995 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£279,995 | 5 Sep 2014 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 September 2014 the House Price Index for EAST SUSSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £279,995 results in an estimated price of approximately £424,550.
5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £279,995 | £144,555 | £424,550 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | -8.368 % | £-23,428 | £256,566 |
3 Month Average | 13.628 % | £38,157 | £318,152 |
6 Month Average | 31.325 % | £87,707 | £367,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £371,182 | £363,000 | 21 SHEPHAM LANE |
26 Jun 2023 | £362,260 | £355,000 | 69 KENSINGTON WAY |
17 Jan 2023 | £401,072 | £400,000 | 11 GATCOMBE CRESCENT |
21 Oct 2022 | £378,735 | £380,000 | 5 JUBILEE DRIVE |
12 Sep 2022 | £359,760 | £360,000 | 18 JUBILEE DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Jul 2014. Using an estimated price of £424,551 means this house is valued at £3,691 per sq meter (£342 per sq foot).
The average size of a house on KENSINGTON WAY is 86 sq meters (933 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kensington Way |
May 2024 | Anti-social behaviour | On or near Kensington Way | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kensington Way |
May 2024 | Anti-social behaviour | On or near Kensington Way | |
May 2024 | Anti-social behaviour | On or near Kensington Way |