£1,703,591
This estimated value is based upon the latest sale price for the house of £278,000 on 23 Aug 2024. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £278,000 | 23 Aug 2024 |
| £230,000 | 8 Nov 2017 |
| £47,500 | 9 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2024 the House Price Index for EAST SUSSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £278,000 results in an estimated price of approximately £1,703,591.
| 23 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £278,000 | £1,425,591 | £1,703,591 |
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 | -10.324 % | £-28,700 | £249,299 |
| 3 Month Average | 10.536 % | £29,289 | £307,289 |
| 6 Month Average | -22.013 % | £-61,195 | £216,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £250,000 | £250,000 | 24 HONEYSUCKLE CLOSE |
| 1 Mar 2024 | £213,277 | £210,000 | 24 BEMBRIDGE ROAD |
| 3 Nov 2023 | £246,200 | £239,950 | 6 SHALFLEET CLOSE |
| 1 Sep 2023 | £305,229 | £298,500 | 34 SHALFLEET CLOSE |
| 26 Jun 2023 | £280,624 | £275,000 | 31 SHALFLEET CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Aug 2017.
The average size of a house on SHALFLEET CLOSE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Bembridge Road |
| Oct 2024 | Anti-social behaviour | On or near Bembridge Road | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bembridge Road |
| Oct 2024 | Anti-social behaviour | On or near Bembridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Bembridge Road |