£191,824
This estimated value is based upon the latest sale price for the house of £143,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Close One
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| Price Paid | Date |
|---|---|
| £143,000 | 22 Jul 2016 |
| £94,000 | 18 Jul 2003 |
| £43,000 | 22 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 July 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £143,000 results in an estimated price of approximately £191,824.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £143,000 | £48,824 | £191,824 |
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 | 33.763 % | £48,281 | £191,281 |
| 3 Month Average | 21.086 % | £30,153 | £173,153 |
| 6 Month Average | 66.735 % | £95,431 | £238,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £163,419 | £162,000 | 2 AUSTEN WALK |
| 10 Nov 2023 | £313,970 | £306,000 | 5 AUSTEN WALK |
| 10 Jan 2023 | £310,780 | £309,950 | 16 THE RISING |
| 26 Sep 2022 | £209,860 | £210,000 | 4 AUSTEN WALK |
| 7 Sep 2022 | £308,794 | £309,000 | 59 THE RISING |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Jan 2015. Using an estimated price of £191,825 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on AUSTEN WALK is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Close One |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Close One |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Close One |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Close One |
| Jun 2024 | Burglary | Under investigation | On or near Close Two |