£359,843
This estimated value is based upon the latest sale price for the house of £355,000 on 5 Jul 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £355,000 | 5 Jul 2023 |
| £76,500 | 29 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2023 the House Price Index for EAST SUSSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £355,000 results in an estimated price of approximately £359,843.
| 5 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £355,000 | £4,843 | £359,843 |
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 | -9.734 % | £-34,554 | £320,445 |
| 3 Month Average | 125.207 % | £444,485 | £799,485 |
| 6 Month Average | 43.241 % | £153,504 | £508,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £372,515 | £367,000 | 26 MOUNTBATTEN DRIVE |
| 5 Jul 2023 | £359,843 | £355,000 | 2 CORNWALLIS CLOSE |
| 27 Jan 2023 | £432,961 | £435,000 | 52 RAMSAY WAY |
| 22 Jun 2022 | £405,683 | £399,950 | 102 BEATTY ROAD |
| 5 May 2022 | £397,490 | £390,000 | 10 WADE CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 29 Nov 2013. Using an estimated price of £359,843 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on CORNWALLIS CLOSE is 99 sq meters (1,065 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Rodney Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rodney Close |
| Feb 2024 | Public order | Under investigation | On or near Frobisher Close |
| Jan 2024 | Anti-social behaviour | On or near Wade Close | |
| Jan 2024 | Anti-social behaviour | On or near Wade Close |