£845,442
This estimated value is based upon the latest sale price for the house of £665,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £665,000 | 24 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2017 the House Price Index for EAST SUSSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £665,000 results in an estimated price of approximately £845,442.
| 24 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £665,000 | £180,442 | £845,442 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 69.293 % | £460,798 | £1,125,798 |
| 3 Month Average | 23.975 % | £159,432 | £824,432 |
| 6 Month Average | 18.183 % | £120,919 | £785,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £1,181,035 | £1,155,000 | 9 CRANEDOWN |
| 4 Apr 2023 | £1,630,497 | £1,600,000 | ORD KINGSTON ROAD |
| 21 Feb 2023 | £840,615 | £835,000 | 34 CRANEDOWN |
| 24 Aug 2022 | £607,842 | £605,000 | 30 WINTERBOURNE CLOSE |
| 24 Aug 2022 | £462,161 | £460,000 | 4 WINTERBOURNE CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 28 Jun 2017. Using an estimated price of £845,443 means this house is valued at £7,756 per sq meter (£720 per sq foot).
The average size of a house on CRANEDOWN is 160 sq meters (1,725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Cranedown | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cranedown |
| Sep 2024 | Anti-social behaviour | On or near Cranedown | |
| Jul 2024 | Burglary | Under investigation | On or near Milldown |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milldown |