£318,059
This estimated value is based upon the latest sale price for the house of £300,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 7 Jan 2022 |
| £250,000 | 25 May 2016 |
| £160,000 | 5 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 January 2022 the House Price Index for EAST SUSSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £300,000 results in an estimated price of approximately £318,059.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £300,000 | £18,059 | £318,059 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 32.643 % | £97,928 | £397,928 |
| 3 Month Average | 23.863 % | £71,587 | £371,587 |
| 6 Month Average | 7.216 % | £21,647 | £321,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £371,413 | £360,000 | 74 ANGLESEY AVENUE |
| 6 Dec 2023 | £314,669 | £305,000 | 7 GOODWIN CLOSE |
| 18 Oct 2023 | £282,414 | £276,000 | 86 ANGLESEY AVENUE |
| 6 Sep 2023 | £306,762 | £300,000 | 23 GOODWIN CLOSE |
| 14 Aug 2023 | £285,143 | £280,000 | 7 FARNE CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Jan 2016. Using an estimated price of £318,059 means this house is valued at £6,001 per sq meter (£557 per sq foot).
The average size of a house on FARNE CLOSE is 65 sq meters (708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Farne Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carrington Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Carrington Place |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Arran Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Fairisle Close |