£361,139
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 23 Oct 2015 |
| £176,000 | 2 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2015 the House Price Index for EAST SUSSEX was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £260,000 results in an estimated price of approximately £361,139.
| 23 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 146.7 | 38.900 % | £260,000 | £101,139 | £361,139 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 78.543 % | £204,212 | £464,212 |
| 3 Month Average | 29.150 % | £75,791 | £335,791 |
| 6 Month Average | 32.627 % | £84,829 | £344,829 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jul 2015.
The average size of a house on SOVEREIGN CLOSE is 74 sq meters (797 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Lexden Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitt Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitt Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pitt Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pitt Drive |