£2,426
This estimated value is based upon the latest sale price for the house of £1,900 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£1,900 | 1 Sep 2017 |
£115,000 | 13 Nov 2015 |
£116,500 | 30 Mar 2005 |
£65,000 | 21 Aug 2001 |
Freehold |
Floor Area: 74 sq meters or 805 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 September 2017 the House Price Index for EAST SUSSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £1,900 results in an estimated price of approximately £2,426.
1 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £1,900 | £526 | £2,426 |
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 | 5.822 % | £110 | £2,010 |
3 Month Average | 17.569 % | £333 | £2,233 |
6 Month Average | 16.892 % | £320 | £2,220 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £205,283 | £203,500 | 37 PAGHAM CLOSE |
6 Oct 2023 | £306,972 | £300,000 | 26 HODCOMBE CLOSE |
21 Feb 2023 | £381,549 | £379,000 | 158 SORREL DRIVE |
27 Jan 2023 | £292,782 | £292,000 | 14 EXCEAT CLOSE |
23 Sep 2022 | £309,743 | £309,950 | 29 HODCOMBE CLOSE |
This house has a floor area of 74 sq meters or 805 sq feet when measured on 14 Jun 2010. Using an estimated price of £2,426 means this house is valued at £32 per sq meter (£3 per sq foot).
The average size of a house on BURWASH CLOSE is 91 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Criminal damage and arson | Under investigation | On or near Burwash Close |
Nov 2024 | Other crime | Under investigation | On or near Pagham Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |