£404,718
This estimated value is based upon the latest sale price for the house of £325,000 on 10 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 |
|---|---|
| £325,000 | 10 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 £325,000 results in an estimated price of approximately £404,718.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £325,000 | £79,718 | £404,718 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 38.422 % | £124,870 | £449,870 |
| 3 Month Average | 21.187 % | £68,856 | £393,856 |
| 6 Month Average | 31.489 % | £102,340 | £427,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £290,000 | £290,000 | 7 THE HOE |
| 11 Dec 2023 | £397,205 | £385,000 | 32 DOWNEY CLOSE |
| 26 Oct 2023 | £286,507 | £280,000 | 25 DOWNEY CLOSE |
| 20 Oct 2023 | £322,321 | £315,000 | 7 WELTON RISE |
| 31 Mar 2023 | £279,671 | £275,000 | 47 HOLMHURST LANE |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 30 Jun 2021. Using an estimated price of £404,719 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on DOWNEY CLOSE is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Downey Close |
| Aug 2024 | Anti-social behaviour | On or near Downey Close | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Downey Close |
| Aug 2024 | Anti-social behaviour | On or near Downey Close | |
| Aug 2024 | Anti-social behaviour | On or near Downey Close |