£279,633
This estimated value is based upon the latest sale price for the house of £163,000 on 27 Sep 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£163,000 | 27 Sep 2012 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 September 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £163,000 results in an estimated price of approximately £279,633.
27 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.554 % | £163,000 | £116,633 | £279,633 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 56.877 % | £92,709 | £255,709 |
3 Month Average | 42.699 % | £69,599 | £232,599 |
6 Month Average | 60.978 % | £99,394 | £262,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £294,525 | £290,000 | 7 WITHYHAM CLOSE |
17 Oct 2023 | £266,042 | £260,000 | 53 LOTTBRIDGE DRIVE |
6 Oct 2023 | £184,183 | £180,000 | 4 HAMPDEN AVENUE |
4 Sep 2023 | £316,988 | £310,000 | 30 LOTTBRIDGE DRIVE |
18 Aug 2023 | £289,216 | £284,000 | 23 FRENCHGATE CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Oct 2014. Using an estimated price of £279,633 means this house is valued at £3,938 per sq meter (£365 per sq foot).
The average size of a house on LOTTBRIDGE DRIVE is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Withyham Close | |
Jun 2024 | Anti-social behaviour | On or near Withyham Close | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Lottbridge Drive |
Jun 2024 | Burglary | Under investigation | On or near Lottbridge Drive |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lottbridge Drive |