£472,295
This estimated value is based upon the latest sale price for the house of £390,000 on 10 Jun 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 10 Jun 2020 |
| £325,000 | 1 Nov 2010 |
| £275,000 | 11 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2020 the House Price Index for EAST SUSSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £390,000 results in an estimated price of approximately £472,295.
| 10 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £390,000 | £82,295 | £472,295 |
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 | 3.173 % | £12,372 | £402,372 |
| 3 Month Average | 4.825 % | £18,816 | £408,816 |
| 6 Month Average | 20.703 % | £80,742 | £470,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £278,752 | £275,000 | 6 SANDBANKS CLOSE |
| 7 Feb 2023 | £424,714 | £425,000 | 4 SANDBANKS GARDENS |
| 18 Nov 2022 | £306,290 | £310,000 | 2 COACH BARN LANE |
| 1 Apr 2022 | £319,238 | £310,000 | 5 SANDBANKS CLOSE |
| 15 Mar 2022 | £569,944 | £550,000 | 28 COACH BARN LANE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 29 May 2018. Using an estimated price of £472,296 means this house is valued at £3,279 per sq meter (£304 per sq foot).
The average size of a house on ERSHAM ROAD is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coldthorn Lane |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Coldthorn Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Coldthorn Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Coldthorn Lane |