£34,722
This estimated value is based upon the latest sale price for the house of £27,900 on 25 Mar 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £27,900 | 25 Mar 2019 |
| £146,150 | 30 Mar 2017 |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £27,900 results in an estimated price of approximately £34,722.
| 25 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £27,900 | £6,822 | £34,722 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 60.384 % | £16,847 | £44,747 |
| 3 Month Average | 19.584 % | £5,463 | £33,363 |
| 6 Month Average | 17.987 % | £5,018 | £32,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £55,000 | £55,000 | 11 GOURNAY ROAD |
| 22 Nov 2023 | £277,032 | £270,000 | 74 GOURNAY ROAD |
| 22 Feb 2023 | £266,782 | £265,000 | 7 GOURNAY ROAD |
| 10 Feb 2023 | £241,614 | £240,000 | 59 GOURNAY ROAD |
| 7 Apr 2022 | £472,027 | £455,000 | 1 WOBURN CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Jun 2012. Using an estimated price of £34,722 means this house is valued at £631 per sq meter (£58 per sq foot).
The average size of a house on GOURNAY ROAD is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gournay Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Carrington Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carrington Place |
| Jun 2024 | Burglary | Under investigation | On or near Holyhead Close |