£288,876
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 15 Dec 2023 |
| £155,000 | 30 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2023 the House Price Index for EAST SUSSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £280,000 results in an estimated price of approximately £288,876.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £280,000 | £8,876 | £288,876 |
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 | -15.580 % | £-43,623 | £236,376 |
| 3 Month Average | -16.586 % | £-46,440 | £233,559 |
| 6 Month Average | -6.045 % | £-16,925 | £263,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £281,000 | £281,000 | 24 PINEWOOD CLOSE |
| 15 Dec 2023 | £288,877 | £280,000 | 7 PINEWOOD CLOSE |
| 4 Aug 2023 | £325,878 | £320,000 | 12 CEDAR CLOSE |
| 19 Apr 2023 | £277,184 | £272,000 | 5 MEADOWLANDS AVENUE |
| 17 Feb 2023 | £291,950 | £290,000 | 10 WILLOW WALK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 May 2012. Using an estimated price of £288,877 means this house is valued at £4,012 per sq meter (£372 per sq foot).
The average size of a house on PINEWOOD CLOSE is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Pinewood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Pinewood Close |
| Sep 2024 | Public order | Under investigation | On or near Pinewood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Close |