£347,663
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£340,000 | 29 Sep 2023 |
£286,000 | 16 May 2019 |
£190,000 | 13 Jul 2012 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 September 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £340,000 results in an estimated price of approximately £347,663.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £340,000 | £7,663 | £347,663 |
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 | 3.458 % | £11,757 | £351,757 |
3 Month Average | 7.805 % | £26,537 | £366,537 |
6 Month Average | -0.676 % | £-2,298 | £337,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £289,447 | £285,000 | 31 GOLDING ROAD |
11 Mar 2024 | £396,085 | £390,000 | 2 FLEMING CLOSE |
8 Mar 2024 | £345,305 | £340,000 | 14 DURRELL CLOSE |
29 Sep 2023 | £347,664 | £340,000 | 9 FLEMING CLOSE |
22 Sep 2023 | £342,551 | £335,000 | 97 TOLKIEN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Nov 2018. Using an estimated price of £347,664 means this house is valued at £4,966 per sq meter (£461 per sq foot).
The average size of a house on FLEMING CLOSE is 83 sq meters (898 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Durrell Close |
Sep 2024 | Anti-social behaviour | On or near Telscombe Road | |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Telscombe Road |
Sep 2024 | Other theft | Under investigation | On or near Telscombe Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Telscombe Road |