£447,404
This estimated value is based upon the latest sale price for the house of £370,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 31 Jul 2020 |
| £339,950 | 27 May 2016 |
| £227,000 | 6 Jul 2012 |
| £129,000 | 19 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,071 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 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £370,000 results in an estimated price of approximately £447,404.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £370,000 | £77,404 | £447,404 |
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 | 12.890 % | £47,692 | £417,692 |
| 3 Month Average | 16.105 % | £59,586 | £429,586 |
| 6 Month Average | 21.541 % | £79,700 | £449,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £592,981 | £585,000 | OAKRIDGE OLD DROVE |
| 4 May 2022 | £229,321 | £225,000 | 80 SORREL CLOSE |
| 15 Feb 2022 | £364,946 | £348,000 | TREMAR, 16 OLD DROVE |
| 26 Nov 2021 | £529,942 | £490,000 | 3 CHEVIOT CLOSE |
| 23 Nov 2021 | £548,328 | £507,000 | 11 MENDIP AVENUE |
This house has a floor area of 99 sq meters or 1,071 sq feet when measured on 11 Aug 2011. Using an estimated price of £447,405 means this house is valued at £4,494 per sq meter (£417 per sq foot).
The average size of a house on CLEVELAND CLOSE is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |
| Mar 2024 | Public order | Under investigation | On or near Sorrel Close |
| Mar 2024 | Drugs | Under investigation | On or near Sorrel Close |
| Mar 2024 | Other crime | Under investigation | On or near Sorrel Close |