£246,885
This estimated value is based upon the latest sale price for the house of £205,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 3 Jul 2020 |
| £175,000 | 28 Sep 2017 |
| £194,025 | 29 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
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 July 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £205,000 results in an estimated price of approximately £246,885.
| 3 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £205,000 | £41,885 | £246,885 |
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 | 8.407 % | £17,234 | £222,234 |
| 3 Month Average | 179.913 % | £368,821 | £573,821 |
| 6 Month Average | 71.555 % | £146,688 | £351,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £214,237 | £212,500 | FLAT 3 6 SANTA CRUZ DRIVE |
| 2 Jun 2023 | £209,700 | £208,000 | FLAT 2 18 SANTA CRUZ DRIVE |
| 4 Nov 2022 | £223,870 | £227,500 | FLAT 1 16 SANTA CRUZ DRIVE |
| 11 Oct 2022 | £261,119 | £265,000 | 32 ST KITTS DRIVE |
| 12 Aug 2022 | £248,322 | £250,000 | 54 THE PORTLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Portlands |
| Mar 2024 | Other crime | Under investigation | On or near The Portlands |