£306,580
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Oct 2019 |
| £58,500 | 2 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £250,000 results in an estimated price of approximately £306,580.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £250,000 | £56,580 | £306,580 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 5.064 % | £12,660 | £262,660 |
| 3 Month Average | -2.634 % | £-6,586 | £243,413 |
| 6 Month Average | 12.943 % | £32,358 | £282,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £151,943 | £150,000 | 24 TIMBERS COURT |
| 18 Aug 2023 | £141,236 | £140,000 | 22 TIMBERS COURT |
| 14 Jul 2023 | £349,707 | £345,000 | 13 CHAPEL BARN CLOSE |
| 6 Mar 2023 | £426,518 | £422,500 | 5 GREENACRES DRIVE |
| 29 Jul 2022 | £426,147 | £425,000 | 3 CHAPEL BARN CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 May 2019. Using an estimated price of £306,581 means this house is valued at £4,087 per sq meter (£379 per sq foot).
The average size of a house on CHAPEL BARN CLOSE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Greenacres Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Old Hop Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Hop Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Hop Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Old Hop Gardens |