£624,845
This estimated value is based upon the latest sale price for the house of £535,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £535,000 | 20 Nov 2020 |
| £193,000 | 31 Mar 2000 |
| £64,400 | 20 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 2020 the House Price Index for EAST SUSSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £535,000 results in an estimated price of approximately £624,845.
| 20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £535,000 | £89,845 | £624,845 |
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 | 15.711 % | £84,051 | £619,051 |
| 3 Month Average | 25.331 % | £135,519 | £670,519 |
| 6 Month Average | 8.660 % | £46,333 | £581,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £288,877 | £280,000 | 47 CROMER WAY |
| 30 Oct 2023 | £265,019 | £259,000 | 19 THE LOWLANDS |
| 24 Mar 2023 | £274,586 | £270,000 | 9 LEPELAND |
| 16 Mar 2023 | £355,944 | £350,000 | 6A THE LOWLANDS |
| 3 Oct 2022 | £363,785 | £365,000 | 5 DERWENT CLOSE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 24 Jun 2020. Using an estimated price of £624,845 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on HEMPSTEAD LANE is 151 sq meters (1,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Other theft | Under investigation | On or near Derwent Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Anti-social behaviour | On or near Lepeland | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Leap Close |