£216,719
This estimated value is based upon the latest sale price for the house of £93,500 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £93,500 | 22 Aug 2003 |
| £49,950 | 31 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2003 the House Price Index for EAST SUSSEX was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £93,500 results in an estimated price of approximately £216,719.
| 22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £93,500 | £123,219 | £216,719 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 178.733 % | £167,115 | £260,615 |
| 3 Month Average | 163.532 % | £152,902 | £246,402 |
| 6 Month Average | 165.681 % | £154,911 | £248,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £197,485 | £193,000 | 35 CAMPBELL COURT GRESHAM WAY |
| 10 Aug 2023 | £473,541 | £465,000 | 53 GRESHAM WAY |
| 20 Apr 2023 | £188,526 | £185,000 | 29 CAMPBELL COURT GRESHAM WAY |
| 29 Jul 2022 | £214,146 | £212,000 | 11 CAMPBELL COURT GRESHAM WAY |
| 11 Mar 2022 | £782,950 | £750,000 | 3 CRAIGLEA 12 BRANKSOME ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Mar 2019. Using an estimated price of £216,720 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on GRESHAM WAY is 126 sq meters (1,356 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Gardens |
| Oct 2024 | Vehicle crime | Under investigation | On or near Jubilee Gardens |
| Oct 2024 | Anti-social behaviour | On or near Jubilee Gardens |