£385,030
This estimated value is based upon the latest sale price for the house of £375,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 12 May 2022 |
| £289,900 | 24 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 May 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £375,000 results in an estimated price of approximately £385,030.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £375,000 | £10,030 | £385,030 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | 32.256 % | £120,959 | £495,959 |
| 3 Month Average | -2.506 % | £-9,397 | £365,602 |
| 6 Month Average | 4.268 % | £16,006 | £391,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jan 2023 | £260,646 | £259,950 | 88 SEAVIEW AVENUE |
| 22 Jul 2022 | £343,441 | £340,000 | 18 SARNIA CLOSE |
| 20 May 2022 | £256,687 | £250,000 | 37 SARNIA CLOSE |
| 12 May 2022 | £385,031 | £375,000 | 28 MONTREAL CLOSE |
| 4 May 2022 | £272,088 | £265,000 | 32 MONTREAL CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 22 Oct 2012. Using an estimated price of £385,031 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on MONTREAL CLOSE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Montreal Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Montreal Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sarnia Close |
| Jul 2024 | Anti-social behaviour | On or near Sarnia Close | |
| Jul 2024 | Anti-social behaviour | On or near Sarnia Close |