£318,855
This estimated value is based upon the latest sale price for the house of £295,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £295,000 | 18 Jun 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £295,000 results in an estimated price of approximately £318,855.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £295,000 | £23,855 | £318,855 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 22.274 % | £65,709 | £360,709 |
| 3 Month Average | 4.952 % | £14,607 | £309,607 |
| 6 Month Average | -9.716 % | £-28,662 | £266,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £173,476 | £170,000 | 14A WATERMILL CLOSE |
| 13 Jan 2023 | £300,804 | £300,000 | 33 FARMLANDS AVENUE |
| 22 Jul 2022 | £318,188 | £315,000 | 18 CROFT CLOSE |
| 12 Jul 2022 | £366,169 | £362,500 | 73 PARK CROFT |
| 3 May 2022 | £330,613 | £322,000 | 8 CROFT CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Mar 2017. Using an estimated price of £318,856 means this house is valued at £3,582 per sq meter (£332 per sq foot).
The average size of a house on CROFT CLOSE is 66 sq meters (716 sq feet).
This house is the largest in the street with a floor area of 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Windmill Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Croft |