£356,037
This estimated value is based upon the latest sale price for the house of £347,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£347,000 | 17 Nov 2023 |
£290,000 | 12 Apr 2017 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 November 2023 the House Price Index for EAST SUSSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £347,000 results in an estimated price of approximately £356,037.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £347,000 | £9,037 | £356,037 |
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 | -46.232 % | £-160,424 | £186,575 |
3 Month Average | -26.852 % | £-93,175 | £253,824 |
6 Month Average | -11.673 % | £-40,505 | £306,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £299,605 | £292,000 | 61 CORNMILL GARDENS |
23 Nov 2023 | £277,032 | £270,000 | 9 CORNMILL GARDENS |
17 Nov 2023 | £356,038 | £347,000 | 67 CORNMILL GARDENS |
26 Sep 2023 | £419,242 | £410,000 | 12 LANCING WAY |
30 Nov 2022 | £338,418 | £340,000 | 10 CORNMILL GARDENS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Aug 2016. Using an estimated price of £356,038 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on CORNMILL GARDENS is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Jevington Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmlands Way |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farmlands Avenue |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wannock Road |
Jun 2024 | Burglary | Under investigation | On or near The Millrace |