£454,276
This estimated value is based upon the latest sale price for the house of £430,000 on 23 Feb 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £430,000 | 23 Feb 2022 |
| £227,000 | 30 Nov 2006 |
| £195,000 | 6 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2022 the House Price Index for EAST SUSSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £430,000 results in an estimated price of approximately £454,276.
| 23 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £430,000 | £24,276 | £454,276 |
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 | -2.893 % | £-12,440 | £417,559 |
| 3 Month Average | -0.707 % | £-3,039 | £426,960 |
| 6 Month Average | 39.076 % | £168,028 | £598,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £290,235 | £285,000 | 135 SORREL DRIVE |
| 8 Aug 2023 | £300,418 | £295,000 | 231 SORREL DRIVE |
| 10 Feb 2023 | £181,210 | £180,000 | 9 OAK TREE LANE |
| 23 Sep 2022 | £409,726 | £410,000 | 1 ELMWOOD CLOSE |
| 25 Jul 2022 | £356,573 | £353,000 | 16 MIDDLEHAM WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Dec 2011. Using an estimated price of £454,277 means this house is valued at £4,635 per sq meter (£430 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Elmwood Gardens |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Elmwood Gardens |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Reedham Road |