£312,084
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 10 Feb 2023 |
| £140,000 | 18 Dec 2009 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for EAST SUSSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £310,000 results in an estimated price of approximately £312,084.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £310,000 | £2,084 | £312,084 |
The Postcode Pricing Model uses changes in average sales price within the BN24 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 | -15.764 % | £-48,867 | £261,132 |
| 3 Month Average | 11.154 % | £34,576 | £344,576 |
| 6 Month Average | 16.715 % | £51,815 | £361,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £209,066 | £205,295 | 16 THE PARADE |
| 21 Jun 2023 | £331,646 | £325,000 | 55 MOUNTNEY DRIVE |
| 10 Feb 2023 | £312,085 | £310,000 | 5 MOUNTNEY DRIVE |
| 5 Jan 2023 | £322,211 | £321,350 | 25 MOUNTNEY DRIVE |
| 25 Jul 2022 | £272,733 | £270,000 | 3 MOUNTNEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mountney Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountney Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Square |