£261,427
This estimated value is based upon the latest sale price for the house of £245,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 15 Dec 2021 |
| £225,000 | 2 Feb 2018 |
| £166,000 | 30 Sep 2014 |
| £59,500 | 13 Nov 1998 |
| £52,950 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 December 2021 the House Price Index for EAST SUSSEX was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £245,000 results in an estimated price of approximately £261,427.
| 15 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £245,000 | £16,427 | £261,427 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -13.014 % | £-31,884 | £213,115 |
| 3 Month Average | -3.060 % | £-7,497 | £237,502 |
| 6 Month Average | 17.784 % | £43,570 | £288,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £294,784 | £291,000 | 4 BLACKSMITHS COPSE |
| 29 Jun 2023 | £262,125 | £260,000 | 7 BLACKSMITHS COPSE |
| 10 Mar 2023 | £256,386 | £255,000 | 9 BLACKSMITHS COPSE |
| 22 Feb 2023 | £233,894 | £235,000 | 10 BLACKSMITHS COPSE |
| 9 Jun 2022 | £272,764 | £270,000 | 17 BLACKSMITHS COPSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Aug 2014. Using an estimated price of £261,428 means this house is valued at £4,668 per sq meter (£433 per sq foot).
The average size of a house on CARPENTERS WAY is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenters Way |
| Mar 2024 | Anti-social behaviour | On or near Factory Lane | |
| Mar 2024 | Anti-social behaviour | On or near Factory Lane | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Factory Lane |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Blacksmiths Copse |