£859,000
This estimated value is based upon the latest sale price for the house of £500,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 4 May 2012 |
| £385,000 | 29 Apr 2005 |
| £216,000 | 15 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,097 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 May 2012 the House Price Index for EAST SUSSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £500,000 results in an estimated price of approximately £859,000.
| 4 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £500,000 | £359,000 | £859,000 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 68.504 % | £342,520 | £842,520 |
| 3 Month Average | 62.750 % | £313,748 | £813,748 |
| 6 Month Average | 55.005 % | £275,027 | £775,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £1,181,035 | £1,155,000 | 9 CRANEDOWN |
| 4 Apr 2023 | £1,630,497 | £1,600,000 | ORD KINGSTON ROAD |
| 21 Feb 2023 | £840,615 | £835,000 | 34 CRANEDOWN |
| 24 Aug 2022 | £607,842 | £605,000 | 30 WINTERBOURNE CLOSE |
| 24 Aug 2022 | £462,161 | £460,000 | 4 WINTERBOURNE CLOSE |
This house has a floor area of 101 sq meters or 1,097 sq feet when measured on 15 Sep 2011. Using an estimated price of £859,000 means this house is valued at £8,423 per sq meter (£782 per sq foot).
The average size of a house on CRANEDOWN is 160 sq meters (1,725 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Cranedown | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cranedown |
| Sep 2024 | Anti-social behaviour | On or near Cranedown | |
| Jul 2024 | Burglary | Under investigation | On or near Milldown |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milldown |