£165,392
This estimated value is based upon the latest sale price for the house of £155,000 on 10 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 |
|---|---|
| £155,000 | 10 Dec 2021 |
| £120,000 | 26 Aug 2016 |
| £73,000 | 18 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 562 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 £155,000 results in an estimated price of approximately £165,392.
| 10 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £155,000 | £10,392 | £165,392 |
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 | 10.640 % | £16,491 | £171,491 |
| 3 Month Average | 164.068 % | £254,305 | £409,305 |
| 6 Month Average | 52.972 % | £82,106 | £237,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £398,117 | £400,000 | 227 SORREL DRIVE |
| 18 Nov 2022 | £501,862 | £510,000 | FAIRWAY FRIDAY STREET |
| 29 Jul 2022 | £531,781 | £532,500 | 5 ESKDALE CLOSE |
| 13 May 2022 | £294,376 | £290,000 | 18 RANWORTH CLOSE |
| 17 Dec 2021 | £266,709 | £249,950 | 5 REEDHAM ROAD |
This house has a floor area of 52 sq meters or 562 sq feet when measured on 19 Jul 2010. Using an estimated price of £165,393 means this house is valued at £3,166 per sq meter (£294 per sq foot).
The average size of a house on SORREL DRIVE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Culver Close | |
| Mar 2024 | Anti-social behaviour | On or near Culver Close | |
| Mar 2024 | Public order | Under investigation | On or near Culver Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hickling Close |
| Jan 2024 | Other theft | Under investigation | On or near Wroxham Road |