£298,121
This estimated value is based upon the latest sale price for the house of £233,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £233,000 | 18 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £233,000 results in an estimated price of approximately £298,121.
| 18 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £233,000 | £65,121 | £298,121 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 60.534 % | £141,045 | £374,045 |
| 3 Month Average | 41.101 % | £95,765 | £328,765 |
| 6 Month Average | 23.310 % | £54,311 | £287,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £304,681 | £300,000 | 23 FARMLANDS CLOSE |
| 12 Oct 2023 | £342,785 | £335,000 | 15 FARMLANDS CLOSE |
| 13 Jan 2023 | £300,804 | £300,000 | 33 FARMLANDS AVENUE |
| 12 Jan 2023 | £446,192 | £445,000 | 57 BROAD ROAD |
| 22 Jul 2022 | £318,188 | £315,000 | 18 CROFT CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 Mar 2016. Using an estimated price of £298,121 means this house is valued at £3,922 per sq meter (£364 per sq foot).
The average size of a house on FARMLANDS CLOSE is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farmlands Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Croft |
| Sep 2024 | Anti-social behaviour | On or near Farmlands Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Farmlands Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmlands Avenue |