£408,884
This estimated value is based upon the latest sale price for the house of £238,000 on 24 May 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£238,000 | 24 May 2012 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,073 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 2012 the House Price Index for EAST SUSSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £238,000 results in an estimated price of approximately £408,884.
24 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £238,000 | £170,884 | £408,884 |
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 | 9.541 % | £22,708 | £260,708 |
3 Month Average | 32.085 % | £76,361 | £314,361 |
6 Month Average | 37.272 % | £88,707 | £326,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £323,812 | £321,000 | 11 NURSERY CLOSE |
17 Nov 2023 | £348,855 | £340,000 | 56 HERON RIDGE |
9 Nov 2023 | £189,818 | £185,000 | 18 HERON RIDGE |
27 Jun 2023 | £454,100 | £445,000 | 12 NURSERY CLOSE |
24 Mar 2023 | £251,703 | £247,500 | 14 HERON RIDGE |
This house has a floor area of 99 sq meters or 1,073 sq feet when measured on 20 Sep 2010. Using an estimated price of £408,884 means this house is valued at £4,099 per sq meter (£380 per sq foot).
The average size of a house on HERON RIDGE is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Ridge |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge | |
Apr 2024 | Anti-social behaviour | On or near Heron Ridge |