£219,613
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Apr 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 28 Apr 2014 |
| Terraced |
| 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 April 2014 the House Price Index for EAST SUSSEX was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £140,000 results in an estimated price of approximately £219,613.
| 28 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £140,000 | £79,613 | £219,613 |
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 | 64.738 % | £90,633 | £230,633 |
| 3 Month Average | 42.851 % | £59,990 | £199,990 |
| 6 Month Average | 96.632 % | £135,284 | £275,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £252,140 | £249,950 | 40 PENSFORD DRIVE |
| 1 Dec 2023 | £226,974 | £220,000 | 37 PENSFORD DRIVE |
| 10 Nov 2023 | £287,293 | £280,000 | 27 FRESHFORD CLOSE |
| 5 Sep 2023 | £245,410 | £240,000 | 2 FRESHFORD CLOSE |
| 24 Jan 2023 | £277,742 | £277,000 | 28 FRESHFORD CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Sep 2013. Using an estimated price of £219,613 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on PENSFORD DRIVE is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Pensford Drive |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Pensford Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Pensford Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wayford Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Freshford Close |