£1,080
This estimated value is based upon the latest sale price for the house of £1,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £1,000 | 11 Jun 2021 |
| £160,000 | 5 Dec 1997 |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £1,000 results in an estimated price of approximately £1,080.
| 11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £1,000 | £80 | £1,080 |
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 | 1518.084 % | £15,180 | £16,180 |
| 3 Month Average | 1141.706 % | £11,417 | £12,417 |
| 6 Month Average | 1066.540 % | £10,665 | £11,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £367,000 | £367,000 | 4 FAIRWAYS CLOSE |
| 24 Oct 2023 | £729,058 | £712,500 | 42 CHYNGTON WAY |
| 10 Mar 2023 | £666,124 | £655,000 | 10 SOUTH WAY |
| 2 Feb 2023 | £629,203 | £625,000 | 29 SOUTH WAY |
| 18 Jan 2023 | £436,165 | £435,000 | 9 FAIRWAYS CLOSE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 24 Aug 2021. Using an estimated price of £1,081 means this house is valued at £6 per sq meter (£0 per sq foot).
The average size of a house on CHYNGTON WAY is 131 sq meters (1,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Fairways Road |
| Sep 2024 | Anti-social behaviour | On or near South Way | |
| Sep 2024 | Anti-social behaviour | On or near South Way | |
| Sep 2024 | Anti-social behaviour | On or near South Way | |
| Sep 2024 | Anti-social behaviour | On or near South Way |