£548,266
This estimated value is based upon the latest sale price for the house of £440,000 on 1 Aug 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £440,000 | 1 Aug 2018 |
| £329,950 | 6 Dec 2007 |
| £270,000 | 9 Sep 2005 |
| Detached |
| 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 August 2018 the House Price Index for EAST SUSSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £440,000 results in an estimated price of approximately £548,266.
| 1 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £440,000 | £108,266 | £548,266 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 2.801 % | £12,325 | £452,325 |
| 3 Month Average | 9.759 % | £42,939 | £482,939 |
| 6 Month Average | 53.214 % | £234,142 | £674,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £353,018 | £345,000 | 16 FRIDAY STREET |
| 4 May 2022 | £231,019 | £225,000 | 80 SORREL CLOSE |
| 15 Feb 2022 | £367,647 | £348,000 | TREMAR, 16 OLD DROVE |
| 26 Nov 2021 | £533,865 | £490,000 | 3 CHEVIOT CLOSE |
| 23 Nov 2021 | £552,386 | £507,000 | 11 MENDIP AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Cleveland Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grampian Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |