£424,451
This estimated value is based upon the latest sale price for the house of £271,000 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £271,000 | 31 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 October 2007 the House Price Index for EAST SUSSEX was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £271,000 results in an estimated price of approximately £424,451.
| 31 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £271,000 | £153,451 | £424,451 |
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 | -7.359 % | £-19,942 | £251,057 |
| 3 Month Average | 50.116 % | £135,815 | £406,815 |
| 6 Month Average | 53.723 % | £145,590 | £416,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £459,202 | £450,000 | THE COURTYARD, 9 THE CLOSE |
| 21 Apr 2023 | £596,150 | £585,000 | 3 BUCKHURST CLOSE |
| 23 Feb 2023 | £654,371 | £650,000 | 5 BABYLON WAY |
| 26 Aug 2022 | £557,607 | £555,000 | 15 BUCKHURST CLOSE |
| 18 Aug 2022 | £567,654 | £565,000 | DOWNS VIEW, 12 BUCKHURST CLOSE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 31 Aug 2017. Using an estimated price of £424,452 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on PARKWAY is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Grove |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near The Grove |
| Jun 2024 | Public order | Under investigation | On or near Angus Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Westlords |
| May 2024 | Burglary | Under investigation | On or near Old Mansion Close |