£215,683
This estimated value is based upon the latest sale price for the house of £142,995 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£142,995 | 21 Nov 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 2014 the House Price Index for EAST SUSSEX was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £142,995 results in an estimated price of approximately £215,683.
21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £142,995 | £72,688 | £215,683 |
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 | -9.713 % | £-13,888 | £129,106 |
3 Month Average | 22.632 % | £32,361 | £175,356 |
6 Month Average | 34.018 % | £48,644 | £191,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £371,182 | £363,000 | 21 SHEPHAM LANE |
26 Jun 2023 | £362,260 | £355,000 | 69 KENSINGTON WAY |
17 Jan 2023 | £401,072 | £400,000 | 11 GATCOMBE CRESCENT |
21 Oct 2022 | £378,735 | £380,000 | 5 JUBILEE DRIVE |
12 Sep 2022 | £359,760 | £360,000 | 18 JUBILEE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Oct 2014. Using an estimated price of £215,683 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on KENSINGTON WAY is 86 sq meters (933 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kensington Way |
May 2024 | Anti-social behaviour | On or near Kensington Way | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kensington Way |
May 2024 | Anti-social behaviour | On or near Kensington Way | |
May 2024 | Anti-social behaviour | On or near Kensington Way |