£246,865
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Oct 2016 |
| £158,500 | 25 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £185,000 results in an estimated price of approximately £246,865.
| 24 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £185,000 | £61,865 | £246,865 |
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 | 14.022 % | £25,939 | £210,939 |
| 3 Month Average | 27.380 % | £50,652 | £235,652 |
| 6 Month Average | 25.322 % | £46,845 | £231,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £296,740 | £290,000 | 3 BRIAR PLACE |
| 25 Aug 2023 | £269,867 | £265,000 | 2 PRIMROSE CLOSE |
| 17 Aug 2023 | £168,031 | £165,000 | 16B PRIMROSE CLOSE |
| 9 Jun 2023 | £272,460 | £267,000 | 19 ERICA CLOSE |
| 14 Apr 2023 | £264,956 | £260,000 | 12 PRIMROSE CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Jul 2016. Using an estimated price of £246,866 means this house is valued at £2,938 per sq meter (£273 per sq foot).
The average size of a house on ERICA CLOSE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Erica Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Erica Close |
| Nov 2024 | Public order | Under investigation | On or near Primrose Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Road |