£508,145
This estimated value is based upon the latest sale price for the house of £161,500 on 15 Jan 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £161,500 | 15 Jan 2002 |
| £92,000 | 17 Aug 1999 |
| Terraced |
| Freehold |
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 January 2002 the House Price Index for EAST SUSSEX was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £161,500 results in an estimated price of approximately £508,145.
| 15 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £161,500 | £346,645 | £508,145 |
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 | 199.668 % | £322,463 | £483,963 |
| 3 Month Average | 191.475 % | £309,232 | £470,732 |
| 6 Month Average | 194.425 % | £313,996 | £475,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £281,000 | £281,000 | 24 PINEWOOD CLOSE |
| 15 Dec 2023 | £288,877 | £280,000 | 7 PINEWOOD CLOSE |
| 1 Dec 2023 | £283,718 | £275,000 | 80 HAZELWOOD AVENUE |
| 28 Nov 2023 | £436,069 | £425,000 | 5 LILAC CLOSE |
| 4 Aug 2023 | £325,878 | £320,000 | 12 CEDAR CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broom Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Pinewood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Pinewood Close |