£345,344
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 15 Jul 2019 |
| £207,000 | 12 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2019 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £280,000 results in an estimated price of approximately £345,344.
| 15 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £280,000 | £65,344 | £345,344 |
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 | 8.828 % | £24,719 | £304,719 |
| 3 Month Average | 12.872 % | £36,040 | £316,040 |
| 6 Month Average | 22.322 % | £62,502 | £342,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £305,342 | £300,000 | 16 DRYDEN WALK |
| 10 Nov 2023 | £345,109 | £340,000 | 9 DRYDEN WALK |
| 20 Sep 2022 | £327,307 | £329,950 | 171 PRIORY ROAD |
| 22 Jul 2022 | £330,891 | £330,000 | 20 DRYDEN WALK |
| 15 Jul 2022 | £350,945 | £350,000 | 13 THACKERAY CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Sep 2018. Using an estimated price of £345,345 means this house is valued at £4,796 per sq meter (£445 per sq foot).
The average size of a house on THE RISING is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Goldsmith Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Close Five |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Close Five |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Close Five |
| Feb 2024 | Burglary | Under investigation | On or near Stevenson Close |