£313,451
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Jun 2021. 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 Magpie Road
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| Price Paid | Date |
|---|---|
| £290,000 | 25 Jun 2021 |
| £186,500 | 29 Jun 2007 |
| £153,750 | 16 Oct 2003 |
| £131,000 | 23 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £290,000 results in an estimated price of approximately £313,451.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £290,000 | £23,451 | £313,451 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | -7.903 % | £-22,918 | £267,081 |
| 3 Month Average | -14.953 % | £-43,362 | £246,637 |
| 6 Month Average | 16.389 % | £47,527 | £337,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £240,608 | £234,500 | 24 HERON CLOSE |
| 22 Sep 2023 | £273,530 | £267,500 | 13 HERON CLOSE |
| 6 Jan 2023 | £325,871 | £325,000 | 20 NUTHATCH ROAD |
| 8 Feb 2022 | £353,913 | £335,000 | 3 NUTHATCH ROAD |
| 21 Dec 2021 | £296,810 | £275,000 | 14 NUTHATCH ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Sep 2015. Using an estimated price of £313,451 means this house is valued at £5,138 per sq meter (£477 per sq foot).
The average size of a house on MAGPIE ROAD is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Magpie Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Close |
| Jun 2024 | Public order | Awaiting court outcome | On or near Jasmine Close |
| Jun 2024 | Public order | Under investigation | On or near Jasmine Close |
| Jun 2024 | Anti-social behaviour | On or near Jasmine Close |