£875,886
This estimated value is based upon the latest sale price for the house of £585,000 on 25 Nov 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £585,000 | 25 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2014 the House Price Index for EAST SUSSEX was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £585,000 results in an estimated price of approximately £875,886.
| 25 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £585,000 | £290,886 | £875,886 |
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 | 42.199 % | £246,865 | £831,865 |
| 3 Month Average | 25.132 % | £147,024 | £732,024 |
| 6 Month Average | 51.898 % | £303,602 | £888,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £595,418 | £585,000 | 44 HEDLEY WAY |
| 27 Nov 2023 | £316,689 | £312,000 | 63 BERKLEY AVENUE |
| 22 Nov 2023 | £274,057 | £270,000 | 74 GOURNAY ROAD |
| 28 Jul 2023 | £471,344 | £465,000 | 7 STANIER STREET |
| 2 Jun 2023 | £334,046 | £330,000 | 1 STROUDLEY WAY |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 17 Apr 2014. Using an estimated price of £875,887 means this house is valued at £5,276 per sq meter (£490 per sq foot).
The average size of a house on HEMPSTEAD LANE is 151 sq meters (1,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hempstead Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hempstead Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hempstead Lane |