£345,756
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 736 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 October 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £200,000 results in an estimated price of approximately £345,756.
| 28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £200,000 | £145,756 | £345,756 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 62.810 % | £125,620 | £325,620 |
| 3 Month Average | 73.944 % | £147,888 | £347,888 |
| 6 Month Average | 66.118 % | £132,235 | £332,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £746,500 | £746,500 | 20 COMBE RISE |
| 22 Aug 2023 | £307,692 | £305,000 | 1 GORRINGE CLOSE |
| 3 Jul 2023 | £440,935 | £435,000 | 3 MEACHANTS LANE |
| 24 Nov 2022 | £355,692 | £360,000 | 29 GORRINGE VALLEY ROAD |
| 8 Apr 2022 | £360,430 | £350,000 | 21 GORRINGE CLOSE |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 31 May 2011. Using an estimated price of £345,757 means this house is valued at £5,054 per sq meter (£469 per sq foot).
The average size of a house on MEACHANTS LANE is 61 sq meters (666 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Meachants Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Apr 2024 | Burglary | Under investigation | On or near Meadows Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |