£216,231
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Feb 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 February 2011 the House Price Index for EAST SUSSEX was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £125,000 results in an estimated price of approximately £216,231.
| 4 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £125,000 | £91,231 | £216,231 |
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 | 108.640 % | £135,800 | £260,800 |
| 3 Month Average | 104.540 % | £130,674 | £255,674 |
| 6 Month Average | 64.352 % | £80,439 | £205,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £295,062 | £292,500 | 9 GORDON ROAD |
| 1 Dec 2023 | £257,926 | £250,000 | 24 GORDON ROAD |
| 11 Oct 2023 | £240,461 | £235,000 | 20 OLD ORCHARD PLACE |
| 8 Feb 2022 | £242,985 | £230,000 | 50 OLD ORCHARD PLACE |
| 24 Jan 2022 | £300,036 | £283,000 | 12 OLD ORCHARD PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 17 Oct 2015. Using an estimated price of £216,232 means this house is valued at £3,931 per sq meter (£365 per sq foot).
The average size of a house on OLD ORCHARD PLACE is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Gordon Road |
| Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
| Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
| Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
| Apr 2024 | Anti-social behaviour | On or near Gordon Road |