£196,978
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Oct 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 28 Oct 2015 |
| £115,000 | 17 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 October 2015 the House Price Index for EAST SUSSEX was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £140,000 results in an estimated price of approximately £196,978.
| 28 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £140,000 | £56,978 | £196,978 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | 66.617 % | £93,263 | £233,263 |
| 3 Month Average | 51.152 % | £71,612 | £211,612 |
| 6 Month Average | 57.851 % | £80,991 | £220,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £314,658 | £310,000 | 10 NORTHDOWN CLOSE |
| 1 Sep 2023 | £220,773 | £217,950 | FLAT 5 ST LUKES COURT CHURCH HILL |
| 10 Jun 2022 | £326,109 | £321,500 | 58 WESTERN ROAD |
| 4 May 2022 | £285,377 | £280,000 | 15 NORTHDOWN CLOSE |
| 7 Feb 2022 | £298,878 | £285,000 | 22 NORTHDOWN ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Jul 2020. Using an estimated price of £196,978 means this house is valued at £3,396 per sq meter (£315 per sq foot).
The average size of a house on RECTORY CLOSE is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Rectory Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Close |
| Apr 2024 | Anti-social behaviour | On or near First Avenue | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Union Close |