£274,678
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Feb 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£260,000 | 14 Feb 2022 |
£165,000 | 17 Apr 2013 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 February 2022 the House Price Index for EAST SUSSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £260,000 results in an estimated price of approximately £274,678.
14 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £260,000 | £14,678 | £274,678 |
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 | -2.893 % | £-7,521 | £252,478 |
3 Month Average | -0.707 % | £-1,837 | £258,162 |
6 Month Average | 39.076 % | £101,598 | £361,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £399,064 | £390,000 | 42 WADE CLOSE |
15 Sep 2023 | £332,326 | £325,000 | 4 RODNEY CLOSE |
27 Mar 2023 | £366,114 | £360,000 | 27 GARDNER CLOSE |
27 Jan 2023 | £436,165 | £435,000 | 52 RAMSAY WAY |
5 May 2022 | £400,432 | £390,000 | 10 WADE CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 May 2012. Using an estimated price of £274,679 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on WADE CLOSE is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Under investigation | On or near Gardner Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardner Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Rodney Close |
Apr 2024 | Anti-social behaviour | On or near Rodney Close | |
Apr 2024 | Anti-social behaviour | On or near Rodney Close |