£7,847
This estimated value is based upon the latest sale price for the house of £6,125 on 15 Jun 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £6,125 | 15 Jun 2017 |
| £242,000 | 1 Dec 2006 |
| £118,000 | 16 Jun 1999 |
| Freehold |
| Floor Area: 111 sq meters or 1,197 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 June 2017 the House Price Index for EAST SUSSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £6,125 results in an estimated price of approximately £7,847.
| 15 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £6,125 | £1,722 | £7,847 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | -8.778 % | £-537 | £5,587 |
| 3 Month Average | 3.337 % | £204 | £6,329 |
| 6 Month Average | 20.750 % | £1,270 | £7,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £732,891 | £725,000 | 6 RUSTIC ROAD |
| 20 Oct 2022 | £474,887 | £480,000 | 43 STANLEY ROAD |
| 29 Jul 2022 | £666,795 | £665,000 | 12 THE COMPTS |
| 9 May 2022 | £422,970 | £415,000 | 16 STANLEY ROAD |
| 28 Feb 2022 | £550,565 | £525,000 | 5 DOWNS WALK |
This house has a floor area of 111 sq meters or 1,197 sq feet when measured on 30 Sep 2011. Using an estimated price of £7,848 means this house is valued at £70 per sq meter (£6 per sq foot).
The average size of a house on RUSTIC CLOSE is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heathy Brow |
| Mar 2024 | Anti-social behaviour | On or near Tor Road West | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Foxhill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Close |