£603,964
This estimated value is based upon the latest sale price for the house of £485,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £485,000 | 31 May 2019 |
| £385,000 | 15 Sep 2014 |
| £162,500 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,497 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 2019 the House Price Index for EAST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £485,000 results in an estimated price of approximately £603,964.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £485,000 | £118,964 | £603,964 |
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 | 25.826 % | £125,258 | £610,258 |
| 3 Month Average | 56.530 % | £274,172 | £759,172 |
| 6 Month Average | 29.088 % | £141,078 | £626,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £424,645 | £415,000 | 45 DOWNSIDE CLOSE |
| 17 Aug 2023 | £386,980 | £380,000 | 25 DOWNSIDE CLOSE |
| 23 Jun 2023 | £155,619 | £152,500 | FLAT 25 KILDARE COURT BARCOMBE CLOSE |
| 3 Mar 2023 | £457,643 | £450,000 | 32 DOWNSIDE CLOSE |
| 8 Sep 2022 | £474,683 | £475,000 | 18 DOWNSIDE CLOSE |
This house has a floor area of 139 sq meters or 1,497 sq feet when measured on 10 Feb 2011. Using an estimated price of £603,965 means this house is valued at £4,341 per sq meter (£403 per sq foot).
The average size of a house on RIDGELANDS CLOSE is 232 sq meters (2,504 sq feet).
This house is the smallest in the street with a floor area of 139 sq meters (1,497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Cherry Garden Road |