£596,138
This estimated value is based upon the latest sale price for the house of £495,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £495,000 | 24 Jul 2020 |
| £495,000 | 24 Jul 2020 |
| £250,000 | 15 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £495,000 results in an estimated price of approximately £596,138.
| 24 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £495,000 | £101,138 | £596,138 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 24.654 % | £122,038 | £617,038 |
| 3 Month Average | 19.153 % | £94,805 | £589,805 |
| 6 Month Average | 21.521 % | £106,526 | £601,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £488,965 | £485,000 | 2 BELGRAVE CRESCENT |
| 28 Apr 2023 | £408,033 | £405,000 | 48 BELGRAVE CRESCENT |
| 9 Feb 2023 | £477,740 | £480,000 | 48 NORTH WAY |
| 12 Aug 2022 | £468,832 | £472,000 | 19 THE RIDINGS |
| 23 May 2022 | £680,110 | £670,000 | 14 LOWER DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 13 Feb 2020. Using an estimated price of £596,139 means this house is valued at £5,419 per sq meter (£503 per sq foot).
The average size of a house on LOWER DRIVE is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Offham Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seagrove Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowden Rise |