£410,439
This estimated value is based upon the latest sale price for the house of £390,000 on 27 Jan 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 27 Jan 2022 |
| £215,000 | 27 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2022 the House Price Index for EAST SUSSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £390,000 results in an estimated price of approximately £410,439.
| 27 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £390,000 | £20,439 | £410,439 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 12.817 % | £49,988 | £439,988 |
| 3 Month Average | 31.192 % | £121,648 | £511,648 |
| 6 Month Average | 13.051 % | £50,900 | £440,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £319,080 | £315,000 | 52 GORRINGE VALLEY ROAD |
| 22 Aug 2023 | £307,692 | £305,000 | 1 GORRINGE CLOSE |
| 3 Jul 2023 | £440,935 | £435,000 | 3 MEACHANTS LANE |
| 21 Apr 2023 | £283,048 | £280,000 | 30 GORRINGE VALLEY ROAD |
| 6 Mar 2023 | £378,567 | £375,000 | 39 GORRINGE VALLEY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Oct 2013. Using an estimated price of £410,439 means this house is valued at £5,130 per sq meter (£476 per sq foot).
The average size of a house on GORRINGE CLOSE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorringe Close |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Meachants Lane |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near The Triangle |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near The Triangle |