£766,165
This estimated value is based upon the latest sale price for the house of £656,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £656,000 | 5 Nov 2020 |
| £499,000 | 5 Dec 2014 |
| £417,500 | 15 Jun 2006 |
| £325,000 | 23 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 November 2020 the House Price Index for EAST SUSSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £656,000 results in an estimated price of approximately £766,165.
| 5 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £656,000 | £110,165 | £766,165 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | -14.777 % | £-96,936 | £559,063 |
| 3 Month Average | -1.318 % | £-8,648 | £647,351 |
| 6 Month Average | 3.784 % | £24,826 | £680,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £410,000 | £410,000 | 18 PARKWAY |
| 13 Dec 2023 | £1,016,227 | £985,000 | 17 THE GROVE |
| 30 Jun 2023 | £459,202 | £450,000 | THE COURTYARD, 9 THE CLOSE |
| 29 Jun 2023 | £477,060 | £467,500 | 6 MANOR WAY |
| 23 Feb 2023 | £654,371 | £650,000 | 5 BABYLON WAY |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 28 Aug 2014. Using an estimated price of £766,166 means this house is valued at £4,975 per sq meter (£462 per sq foot).
The average size of a house on BABYLON WAY is 147 sq meters (1,587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkway |
| Oct 2024 | Anti-social behaviour | On or near The Grove | |
| Oct 2024 | Anti-social behaviour | On or near The Grove | |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Old Mansion Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mansion Close |