£324,467
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Jul 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £115,000 | 29 Jul 2002 |
| £79,000 | 2 Dec 1999 |
| Terraced |
| 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 July 2002 the House Price Index for EAST SUSSEX was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £115,000 results in an estimated price of approximately £324,467.
| 29 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £115,000 | £209,467 | £324,467 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 225.404 % | £259,214 | £374,214 |
| 3 Month Average | 201.997 % | £232,297 | £347,297 |
| 6 Month Average | 202.867 % | £233,296 | £348,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £595,000 | £595,000 | 37 HEREWARD WAY |
| 19 Oct 2023 | £629,293 | £615,000 | 40 HEREWARD WAY |
| 4 Aug 2023 | £320,786 | £315,000 | 5 WAITE CLOSE |
| 6 Apr 2023 | £428,005 | £420,000 | FLAT 7 HAMSEY HOUSE, 5 SOUTHDOWNS ROAD |
| 24 Mar 2023 | £305,095 | £300,000 | FLAT 9 HAMSEY HOUSE, 5 SOUTHDOWNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Waite Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Spences Lane |