£421,210
This estimated value is based upon the latest sale price for the house of £367,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £367,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2020 the House Price Index for EAST SUSSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £367,000 results in an estimated price of approximately £421,210.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £367,000 | £54,210 | £421,210 |
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 | 11.755 % | £43,140 | £410,140 |
| 3 Month Average | 11.866 % | £43,547 | £410,547 |
| 6 Month Average | 15.762 % | £57,844 | £424,844 |
| 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 | £344,169 | £340,000 | 34 PENRITH WAY |
| 28 Feb 2023 | £284,808 | £285,000 | 142 SORREL DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 29 May 2020. Using an estimated price of £421,211 means this house is valued at £3,864 per sq meter (£359 per sq foot).
The average size of a house on COTSWOLD CLOSE is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Friday Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sorrel Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Magdalen Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Middleham Way |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Penrith Way |