£264,997
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Langney Rise
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| Price Paid | Date |
|---|---|
| £215,000 | 17 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £215,000 results in an estimated price of approximately £264,997.
| 17 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £215,000 | £49,997 | £264,997 |
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 | 28.525 % | £61,327 | £276,327 |
| 3 Month Average | 11.120 % | £23,907 | £238,907 |
| 6 Month Average | 60.586 % | £130,260 | £345,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £351,337 | £345,000 | 31 ASHGATE ROAD |
| 23 Jun 2023 | £392,873 | £385,000 | 34 RISE PARK GARDENS |
| 27 Feb 2023 | £299,501 | £297,500 | 2 ASHGATE ROAD |
| 6 May 2022 | £315,212 | £307,000 | 5 RISE PARK GARDENS |
| 6 Apr 2022 | £285,291 | £275,000 | 10 RISE PARK GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Sep 2019. Using an estimated price of £264,998 means this house is valued at £3,581 per sq meter (£332 per sq foot).
The average size of a house on THE VINERIES is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Langney Rise |
| Jul 2024 | Anti-social behaviour | On or near Langney Rise | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Langney Rise |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Langney Rise |
| Jun 2024 | Other theft | Under investigation | On or near Langney Rise |