£654,163
This estimated value is based upon the latest sale price for the house of £420,000 on 8 May 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 8 May 2014 |
| £385,000 | 20 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 May 2014 the House Price Index for EAST SUSSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £420,000 results in an estimated price of approximately £654,163.
| 8 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £420,000 | £234,163 | £654,163 |
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 | 3.574 % | £15,010 | £435,010 |
| 3 Month Average | 48.906 % | £205,404 | £625,404 |
| 6 Month Average | 54.091 % | £227,183 | £647,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £541,644 | £525,000 | 21 RATTON DRIVE |
| 30 Jun 2023 | £459,202 | £450,000 | THE COURTYARD, 9 THE CLOSE |
| 29 Jun 2023 | £477,060 | £467,500 | 6 MANOR WAY |
| 23 Feb 2023 | £654,371 | £650,000 | 5 BABYLON WAY |
| 1 Jun 2022 | £602,887 | £590,000 | 8 WALNUT TREE WALK |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 27 Sep 2013. Using an estimated price of £654,164 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on THE CLOSE is 173 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near The Grove |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Westlords |
| Jun 2024 | Public order | Under investigation | On or near Falmer Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falmer Close |