£413,501
This estimated value is based upon the latest sale price for the house of £186,950 on 6 Nov 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £186,950 | 6 Nov 2003 |
| £128,500 | 28 Aug 2001 |
| £99,995 | 11 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,098 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 November 2003 the House Price Index for EAST SUSSEX was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £186,950 results in an estimated price of approximately £413,501.
| 6 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £186,950 | £226,551 | £413,501 |
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 | 79.847 % | £149,273 | £336,223 |
| 3 Month Average | 72.508 % | £135,553 | £322,503 |
| 6 Month Average | 81.452 % | £152,274 | £339,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £487,213 | £480,000 | 30 PENRITH WAY |
| 29 Sep 2023 | £476,087 | £470,000 | 8 COTSWOLD CLOSE |
| 31 Aug 2023 | £569,986 | £565,000 | 12 COTSWOLD CLOSE |
| 9 Jun 2023 | £268,249 | £265,000 | 19 PENRITH WAY |
| 9 Jun 2023 | £344,169 | £340,000 | 34 PENRITH WAY |
This house has a floor area of 102 sq meters or 1,098 sq feet when measured on 24 Aug 2009. Using an estimated price of £413,501 means this house is valued at £4,053 per sq meter (£376 per sq foot).
The average size of a house on PENRITH WAY is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Penrith Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Middleham Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Friday Street |