£510,173
This estimated value is based upon the latest sale price for the house of £499,950 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £499,950 | 23 Jun 2023 |
| £250,000 | 28 Nov 2006 |
| £97,000 | 16 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2023 the House Price Index for EAST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £499,950 results in an estimated price of approximately £510,173.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £499,950 | £10,223 | £510,173 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | -2.242 % | £-11,207 | £488,742 |
| 3 Month Average | 15.466 % | £77,321 | £577,271 |
| 6 Month Average | 19.000 % | £94,991 | £594,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £359,116 | £350,000 | 11 BERWICK CLOSE |
| 23 Jun 2023 | £510,174 | £499,950 | 60 THE GORSEWAY |
| 24 Mar 2023 | £406,793 | £400,000 | 11 WOODLANDS |
| 14 Mar 2023 | £513,577 | £505,000 | 23 COWDRAY PARK ROAD |
| 8 Mar 2023 | £475,440 | £467,500 | 46 THE GORSEWAY |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 26 Nov 2021. Using an estimated price of £510,174 means this house is valued at £5,153 per sq meter (£478 per sq foot).
The average size of a house on THE GORSEWAY is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cowdray Close |
| Oct 2024 | Theft from the person | Under investigation | On or near The Gorseway |
| Jul 2024 | Anti-social behaviour | On or near The Gorseway | |
| Jul 2024 | Anti-social behaviour | On or near The Gorseway | |
| Jul 2024 | Anti-social behaviour | On or near The Gorseway |