£405,944
This estimated value is based upon the latest sale price for the house of £279,950 on 14 Jul 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £279,950 | 14 Jul 2015 |
| £250,000 | 20 May 2014 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2015 the House Price Index for EAST SUSSEX was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £279,950 results in an estimated price of approximately £405,944.
| 14 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £279,950 | £125,994 | £405,944 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 65.294 % | £182,789 | £462,739 |
| 3 Month Average | 60.595 % | £169,636 | £449,586 |
| 6 Month Average | 51.119 % | £143,108 | £423,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £357,889 | £350,000 | 31 COLLINGTON PARK CRESCENT |
| 25 Aug 2023 | £366,612 | £360,000 | 17 COLLINGTON PARK CRESCENT |
| 16 Nov 2022 | £248,836 | £250,000 | FLAT 4 SUVRETTA HOUSE, 35 SUTHERLAND AVENUE |
| 29 Jul 2022 | £535,364 | £530,000 | 6 SUTHERLAND CLOSE |
| 22 Jul 2022 | £177,781 | £176,000 | FLAT 4 REDFORD COURT COLLINGTON LANE EAST |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Feb 2014. Using an estimated price of £405,945 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on CRANSTON CLOSE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cranston Close |
| Sep 2024 | Public order | Under investigation | On or near Sutherland Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sutherland Close |
| Sep 2024 | Possession of weapons | Under investigation | On or near Sutherland Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sutherland Close |