£308,631
This estimated value is based upon the latest sale price for the house of £270,000 on 2 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 |
|---|---|
| £270,000 | 2 Dec 2020 |
| £232,000 | 11 Mar 2016 |
| £174,000 | 19 Oct 2004 |
| £146,000 | 12 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £270,000 results in an estimated price of approximately £308,631.
| 2 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £270,000 | £38,631 | £308,631 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -13.731 % | £-37,072 | £232,927 |
| 3 Month Average | -9.996 % | £-26,990 | £243,009 |
| 6 Month Average | 9.991 % | £26,976 | £296,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £310,882 | £305,000 | 7 GOODWIN CLOSE |
| 14 Aug 2023 | £281,713 | £280,000 | 7 FARNE CLOSE |
| 26 Jun 2023 | £322,616 | £320,000 | 43 FARNE CLOSE |
| 9 Jun 2023 | £181,471 | £180,000 | 75A ANGLESEY AVENUE |
| 1 Mar 2023 | £216,168 | £215,000 | 73 ANGLESEY AVENUE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 29 Sep 2015. Using an estimated price of £308,631 means this house is valued at £5,935 per sq meter (£551 per sq foot).
The average size of a house on FARNE CLOSE is 65 sq meters (708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Arran Close |
| Feb 2024 | Anti-social behaviour | On or near Carrington Place | |
| Feb 2024 | Anti-social behaviour | On or near Carrington Place | |
| Feb 2024 | Anti-social behaviour | On or near Carrington Place | |
| Jan 2024 | Public order | Awaiting court outcome | On or near Carrington Place |