£395,722
This estimated value is based upon the latest sale price for the house of £295,000 on 15 Jul 2016. 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 Fastnet Close
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| Price Paid | Date |
|---|---|
| £295,000 | 15 Jul 2016 |
| £83,000 | 23 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £295,000 results in an estimated price of approximately £395,722.
| 15 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £295,000 | £100,722 | £395,722 |
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 | 24.787 % | £73,122 | £368,122 |
| 3 Month Average | 35.933 % | £106,003 | £401,003 |
| 6 Month Average | 28.757 % | £84,834 | £379,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £289,858 | £282,500 | 7 CUNNINGHAM DRIVE |
| 29 Aug 2023 | £200,618 | £197,000 | 12 HEBRIDES WALK |
| 26 Apr 2023 | £326,099 | £320,000 | 14 VERNON CLOSE |
| 6 Feb 2023 | £402,690 | £400,000 | 13 MOUNTBATTEN DRIVE |
| 30 Jun 2022 | £185,975 | £182,000 | 10 HEBRIDES WALK |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Apr 2016. Using an estimated price of £395,723 means this house is valued at £5,206 per sq meter (£483 per sq foot).
The average size of a house on VERNON CLOSE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Under investigation | On or near Fastnet Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cunningham Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Egbert Close |