£277,421
This estimated value is based upon the latest sale price for the house of £186,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £186,000 | 15 Dec 2014 |
| £157,000 | 25 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2014 the House Price Index for EAST SUSSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £186,000 results in an estimated price of approximately £277,421.
| 15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £186,000 | £91,421 | £277,421 |
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 | 53.347 % | £99,224 | £285,224 |
| 3 Month Average | 46.410 % | £86,322 | £272,322 |
| 6 Month Average | 50.318 % | £93,591 | £279,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £372,515 | £367,000 | 26 MOUNTBATTEN DRIVE |
| 15 Sep 2023 | £329,209 | £325,000 | 4 RODNEY CLOSE |
| 5 Jul 2023 | £359,843 | £355,000 | 2 CORNWALLIS CLOSE |
| 27 Jan 2023 | £432,961 | £435,000 | 52 RAMSAY WAY |
| 5 May 2022 | £397,490 | £390,000 | 10 WADE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Aug 2014. Using an estimated price of £277,421 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on RAMSAY WAY is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rodney Close |
| Jan 2024 | Anti-social behaviour | On or near Wade Close | |
| Jan 2024 | Anti-social behaviour | On or near Wade Close | |
| Jan 2024 | Anti-social behaviour | On or near Wade Close | |
| Feb 2024 | Public order | Under investigation | On or near Frobisher Close |