£266,290
This estimated value is based upon the latest sale price for the house of £155,000 on 15 May 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 15 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2012 the House Price Index for EAST SUSSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £155,000 results in an estimated price of approximately £266,290.
| 15 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £155,000 | £111,290 | £266,290 |
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 | 47.888 % | £74,225 | £229,225 |
| 3 Month Average | 71.059 % | £110,141 | £265,141 |
| 6 Month Average | 66.693 % | £103,374 | £258,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £240,608 | £234,500 | 24 HERON CLOSE |
| 18 Oct 2023 | £332,553 | £325,000 | 2 CORMORANT CLOSE |
| 22 Sep 2023 | £273,530 | £267,500 | 13 HERON CLOSE |
| 10 Jun 2022 | £296,334 | £290,000 | 4 HERON CLOSE |
| 6 May 2022 | £282,356 | £275,000 | 19 CHAFFINCH ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 21 Aug 2012. Using an estimated price of £266,290 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on HERON CLOSE is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Heron Close | |
| Oct 2024 | Anti-social behaviour | On or near Heron Close | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingfisher Drive |
| Nov 2024 | Possession of weapons | Under investigation | On or near Chaffinch Road |
| Oct 2024 | Anti-social behaviour | On or near Chaffinch Road |