£540,433
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Jun 2021. 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 |
|---|---|
| £500,000 | 29 Jun 2021 |
| £391,000 | 16 May 2016 |
| £327,000 | 20 Apr 2007 |
| £132,000 | 5 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,058 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 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £500,000 results in an estimated price of approximately £540,433.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £500,000 | £40,433 | £540,433 |
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 | -33.920 % | £-169,597 | £330,402 |
| 3 Month Average | -6.153 % | £-30,764 | £469,235 |
| 6 Month Average | -6.494 % | £-32,469 | £467,530 |
| 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 |
| 29 Jun 2023 | £693,906 | £680,000 | 75 PARKWAY |
| 20 Oct 2022 | £647,836 | £650,000 | 10 THE COMBE |
| 8 Jul 2022 | £828,300 | £820,000 | 3 THE COMBE |
This house has a floor area of 98 sq meters or 1,058 sq feet when measured on 14 Jul 2011. Using an estimated price of £540,433 means this house is valued at £5,497 per sq meter (£510 per sq foot).
The average size of a house on OLD MANSION CLOSE is 155 sq meters (1,673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Old Mansion Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near The Grove |
| Jun 2024 | Public order | Under investigation | On or near Angus Close |
| May 2024 | Violence and sexual offences | Local resolution | On or near Butts Lane |