£712,265
This estimated value is based upon the latest sale price for the house of £126,000 on 25 Apr 1995. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £126,000 | 25 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 April 1995 the House Price Index for EAST SUSSEX was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £126,000 results in an estimated price of approximately £712,265.
| 25 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £126,000 | £586,265 | £712,265 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 329.664 % | £415,376 | £541,376 |
| 3 Month Average | 449.344 % | £566,172 | £692,172 |
| 6 Month Average | 443.543 % | £558,863 | £684,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £277,409 | £275,000 | 8 GORRINGE DRIVE |
| 28 Sep 2023 | £322,100 | £315,000 | 52 GORRINGE VALLEY ROAD |
| 21 Apr 2023 | £285,337 | £280,000 | 30 GORRINGE VALLEY ROAD |
| 6 Mar 2023 | £381,369 | £375,000 | 39 GORRINGE VALLEY ROAD |
| 6 Feb 2023 | £387,589 | £385,000 | 32 WANNOCK LANE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 7 Mar 2017. Using an estimated price of £712,266 means this house is valued at £4,508 per sq meter (£418 per sq foot).
The average size of a house on WANNOCK LANE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gorringe Valley Road | |
| Sep 2024 | Anti-social behaviour | On or near Gorringe Valley Road | |
| Sep 2024 | Anti-social behaviour | On or near Gorringe Valley Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hazel Grove |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Scanlon Close |