£681,918
This estimated value is based upon the latest sale price for the house of £407,500 on 5 Jul 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Old Mansion Close
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| Price Paid | Date |
|---|---|
| £407,500 | 5 Jul 2013 |
| £316,500 | 8 Aug 2003 |
| £215,000 | 21 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 July 2013 the House Price Index for EAST SUSSEX was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £407,500 results in an estimated price of approximately £681,918.
| 5 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £407,500 | £274,418 | £681,918 |
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 | 8.250 % | £33,617 | £441,117 |
| 3 Month Average | 55.989 % | £228,155 | £635,655 |
| 6 Month Average | 59.064 % | £240,687 | £648,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £540,301 | £532,000 | 35 PARKWAY |
| 6 Mar 2024 | £578,894 | £570,000 | 5 OLD MANSION CLOSE |
| 31 Aug 2023 | £407,347 | £400,000 | 18 ANGUS CLOSE |
| 29 Jun 2023 | £693,906 | £680,000 | 75 PARKWAY |
| 22 Apr 2022 | £855,873 | £825,000 | 19 MELVILL LANE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 22 Feb 2013. Using an estimated price of £681,918 means this house is valued at £5,127 per sq meter (£476 per sq foot).
The average size of a house on PARKWAY is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Old Mansion Close |
| Jun 2024 | Public order | Under investigation | On or near Angus Close |
| May 2024 | Public order | Local resolution | On or near Butts Lane |
| May 2024 | Violence and sexual offences | Local resolution | On or near Butts Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |