£253,274
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 21 Jun 2019 |
| £152,000 | 28 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £205,000 results in an estimated price of approximately £253,274.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £205,000 | £48,274 | £253,274 |
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 | 24.374 % | £49,966 | £254,966 |
| 3 Month Average | 21.846 % | £44,784 | £249,784 |
| 6 Month Average | 29.240 % | £59,941 | £264,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £166,569 | £165,000 | 37 OULTON CLOSE |
| 21 Feb 2023 | £378,745 | £379,000 | 158 SORREL DRIVE |
| 8 Feb 2023 | £399,731 | £400,000 | 227 SORREL DRIVE |
| 18 Nov 2022 | £503,896 | £510,000 | FAIRWAY FRIDAY STREET |
| 13 May 2022 | £295,569 | £290,000 | 18 RANWORTH CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Feb 2013. Using an estimated price of £253,275 means this house is valued at £3,422 per sq meter (£317 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 | Public order | Under investigation | On or near Culver Close |
| Mar 2024 | Anti-social behaviour | 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 |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Horning Close |