£516,346
This estimated value is based upon the latest sale price for the house of £310,000 on 13 Jun 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 13 Jun 2013 |
| £275,000 | 10 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,398 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 June 2013 the House Price Index for EAST SUSSEX was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £310,000 results in an estimated price of approximately £516,346.
| 13 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £310,000 | £206,346 | £516,346 |
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 | 59.635 % | £184,868 | £494,868 |
| 3 Month Average | 76.762 % | £237,962 | £547,962 |
| 6 Month Average | 62.610 % | £194,091 | £504,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £319,080 | £315,000 | 52 GORRINGE VALLEY ROAD |
| 21 Apr 2023 | £283,048 | £280,000 | 30 GORRINGE VALLEY ROAD |
| 6 Mar 2023 | £378,567 | £375,000 | 39 GORRINGE VALLEY ROAD |
| 6 Feb 2023 | £384,741 | £385,000 | 32 WANNOCK LANE |
| 6 Sep 2022 | £347,196 | £350,000 | 13 GORRINGE DRIVE |
This house has a floor area of 129 sq meters or 1,398 sq feet when measured on 26 Mar 2012. Using an estimated price of £516,346 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on WANNOCK LANE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Southdown Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Southdown Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Southdown Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Southdown Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Southdown Avenue |