£492,763
This estimated value is based upon the latest sale price for the house of £415,000 on 2 Sep 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 2 Sep 2020 |
| £280,000 | 30 Sep 2014 |
| £94,950 | 19 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2020 the House Price Index for EAST SUSSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £415,000 results in an estimated price of approximately £492,763.
| 2 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £415,000 | £77,763 | £492,763 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -24.165 % | £-100,286 | £314,713 |
| 3 Month Average | 5.863 % | £24,330 | £439,330 |
| 6 Month Average | 20.844 % | £86,502 | £501,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £294,358 | £290,000 | 24 WINCHESTER WAY |
| 20 Apr 2023 | £424,571 | £420,000 | 9 SUMMERLANDS ROAD |
| 3 Apr 2023 | £338,646 | £335,000 | 19 WINCHESTER WAY |
| 15 Feb 2023 | £529,644 | £530,000 | 19 DOWNS ROAD |
| 27 May 2022 | £315,953 | £310,000 | 33 SUMMERLANDS ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 21 Feb 2014. Using an estimated price of £492,763 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on CHICHESTER CLOSE is 150 sq meters (1,617 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Winchester Way | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Way | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Willingdon Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodwood Close |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |