£332,552
This estimated value is based upon the latest sale price for the house of £325,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 20 Oct 2023 |
| £220,000 | 2 Jun 2019 |
| £161,000 | 23 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2023 the House Price Index for EAST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £325,000 results in an estimated price of approximately £332,552.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £325,000 | £7,552 | £332,552 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 4.242 % | £13,785 | £338,785 |
| 3 Month Average | -8.887 % | £-28,882 | £296,117 |
| 6 Month Average | 1.108 % | £3,600 | £328,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £188,902 | £186,000 | 188B CROXDEN WAY |
| 20 Oct 2023 | £332,553 | £325,000 | 17 WESTMINSTER CLOSE |
| 21 Sep 2023 | £388,514 | £379,950 | 3 WESTMINSTER CLOSE |
| 31 Aug 2023 | £468,449 | £460,000 | 25 WESTMINSTER CLOSE |
| 3 Mar 2023 | £282,467 | £277,750 | 158 CROXDEN WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 May 2016. Using an estimated price of £332,553 means this house is valued at £3,866 per sq meter (£359 per sq foot).
The average size of a house on WESTMINSTER CLOSE is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Martins Road |
| Apr 2024 | Anti-social behaviour | On or near St Martins Road | |
| Apr 2024 | Anti-social behaviour | On or near St Martins Road | |
| Apr 2024 | Anti-social behaviour | On or near St Martins Road | |
| Apr 2024 | Anti-social behaviour | On or near St Martins Road |