£304,215
This estimated value is based upon the latest sale price for the house of £127,500 on 14 Apr 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £127,500 | 14 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2003 the House Price Index for EAST SUSSEX was 62.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 138.601%.Applying this 138.601% change to the original purchase price of £127,500 results in an estimated price of approximately £304,215.
| 14 Apr 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.0 | 138.601 % | £127,500 | £176,715 | £304,215 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 92.820 % | £118,345 | £245,845 |
| 3 Month Average | 352.864 % | £449,901 | £577,401 |
| 6 Month Average | 194.979 % | £248,598 | £376,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £249,950 | £249,950 | 40 PENSFORD DRIVE |
| 1 Dec 2023 | £224,242 | £220,000 | 37 PENSFORD DRIVE |
| 10 Nov 2023 | £283,641 | £280,000 | 27 FRESHFORD CLOSE |
| 24 Jan 2023 | £274,588 | £277,000 | 28 FRESHFORD CLOSE |
| 19 Aug 2022 | £238,389 | £240,000 | 8 BATHFORD CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Jan 2020. Using an estimated price of £304,216 means this house is valued at £3,343 per sq meter (£310 per sq foot).
The average size of a house on PENSFORD DRIVE is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pensford Drive |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Pensford Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Freshford Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Freshford Close |
| Feb 2024 | Drugs | Under investigation | On or near Freshford Close |