£258,461
This estimated value is based upon the latest sale price for the house of £252,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £252,000 | 14 Apr 2022 |
| £113,000 | 13 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2022 the House Price Index for EAST SUSSEX was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £252,000 results in an estimated price of approximately £258,461.
| 14 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £252,000 | £6,461 | £258,461 |
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 | -8.220 % | £-20,715 | £231,284 |
| 3 Month Average | 139.014 % | £350,315 | £602,315 |
| 6 Month Average | 53.290 % | £134,289 | £386,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £255,380 | £254,000 | 9 SORREL DRIVE |
| 28 Feb 2023 | £283,658 | £285,000 | 142 SORREL DRIVE |
| 30 Nov 2022 | £280,452 | £285,000 | 127 SORREL DRIVE |
| 4 May 2022 | £228,395 | £225,000 | 80 SORREL CLOSE |
| 3 May 2022 | £265,953 | £262,000 | 10 MAGDALEN CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 15 Nov 2021. Using an estimated price of £258,462 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on SORREL DRIVE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Sorrel Close |
| Mar 2024 | Other crime | Under investigation | On or near Sorrel Close |
| Mar 2024 | Drugs | Local resolution | On or near Sorrel Close |
| Feb 2024 | Possession of weapons | Under investigation | On or near Sorrel Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sorrel Close |