£239,112
This estimated value is based upon the latest sale price for the house of £151,000 on 18 Feb 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £151,000 | 18 Feb 2014 |
| Terraced |
| 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 February 2014 the House Price Index for EAST SUSSEX was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £151,000 results in an estimated price of approximately £239,112.
| 18 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £151,000 | £88,112 | £239,112 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 49.010 % | £74,004 | £225,004 |
| 3 Month Average | 255.881 % | £386,380 | £537,380 |
| 6 Month Average | 126.715 % | £191,339 | £342,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £298,612 | £296,000 | 16 GAINSBOROUGH CRESCENT |
| 14 Jul 2023 | £316,256 | £312,000 | 24 GAINSBOROUGH CRESCENT |
| 23 Jun 2023 | £313,801 | £310,000 | 9 GAINSBOROUGH CRESCENT |
| 6 Mar 2023 | £282,663 | £280,000 | 4 LAWRENCE CLOSE |
| 28 Nov 2022 | £126,468 | £128,000 | 13 HEREFORD COURT LANGNEY RISE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Oct 2013. Using an estimated price of £239,112 means this house is valued at £3,026 per sq meter (£281 per sq foot).
The average size of a house on GAINSBOROUGH CRESCENT is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gainsborough Crescent | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gainsborough Crescent |
| Feb 2024 | Anti-social behaviour | On or near Gainsborough Crescent | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gainsborough Crescent |
| Feb 2024 | Anti-social behaviour | On or near Gainsborough Crescent |