£393,651
This estimated value is based upon the latest sale price for the house of £295,000 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Chichester Close
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| Price Paid | Date |
|---|---|
| £295,000 | 13 Oct 2016 |
| £134,950 | 16 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £295,000 results in an estimated price of approximately £393,651.
| 13 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £295,000 | £98,651 | £393,651 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 32.234 % | £95,091 | £390,091 |
| 3 Month Average | 17.923 % | £52,874 | £347,874 |
| 6 Month Average | 19.710 % | £58,145 | £353,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £259,000 | £259,000 | 35 WINCHESTER WAY |
| 1 Dec 2023 | £464,266 | £450,000 | 10 THE CLOISTERS |
| 10 Nov 2023 | £297,553 | £290,000 | 24 WINCHESTER WAY |
| 6 Oct 2023 | £257,856 | £252,000 | 22 WINCHESTER WAY |
| 18 Aug 2023 | £1,018,367 | £1,000,000 | 59 CHURCH STREET |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 7 Sep 2016. Using an estimated price of £393,651 means this house is valued at £2,937 per sq meter (£272 per sq foot).
The average size of a house on WINCHESTER WAY is 88 sq meters (951 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Chichester Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Lodge Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Huggett'S Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Huggett'S Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Huggett'S Lane |