£335,531
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 7 Dec 2018 |
| £194,950 | 4 Nov 2013 |
| £135,000 | 22 Mar 2002 |
| £105,450 | 18 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2018 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £270,000 results in an estimated price of approximately £335,531.
| 7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £270,000 | £65,531 | £335,531 |
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 | -3.565 % | £-9,624 | £260,375 |
| 3 Month Average | 21.784 % | £58,815 | £328,815 |
| 6 Month Average | 16.514 % | £44,586 | £314,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £322,803 | £320,000 | 3 SOLOMONS CLOSE |
| 8 Apr 2024 | £353,066 | £350,000 | 20 PITCAIRN AVENUE |
| 7 Nov 2023 | £341,673 | £333,000 | 9 SOLOMONS CLOSE |
| 30 Jun 2023 | £392,873 | £385,000 | 5 SOLOMONS CLOSE |
| 23 Jun 2022 | £424,065 | £415,000 | 14 PITCAIRN AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Jun 2012. Using an estimated price of £335,532 means this house is valued at £4,357 per sq meter (£404 per sq foot).
The average size of a house on SOLOMONS CLOSE is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Pitcairn Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobart Quay |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobart Quay |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hobart Quay |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Tasmania Way |