£475,312
This estimated value is based upon the latest sale price for the house of £357,000 on 3 Aug 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £357,000 | 3 Aug 2016 |
| £235,000 | 14 Jul 2011 |
| £235,000 | 28 Feb 2008 |
| £76,000 | 28 May 1998 |
| £60,000 | 31 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £357,000 results in an estimated price of approximately £475,312.
| 3 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £357,000 | £118,312 | £475,312 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | -1.894 % | £-6,762 | £350,237 |
| 3 Month Average | -16.324 % | £-58,277 | £298,722 |
| 6 Month Average | -2.337 % | £-8,341 | £348,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £317,780 | £315,000 | 5 WAITE CLOSE |
| 28 Jul 2023 | £449,550 | £443,500 | 9 HEREWARD WAY |
| 17 Mar 2023 | £343,234 | £340,000 | 5 DE GREY CLOSE |
| 20 Feb 2023 | £259,825 | £260,000 | 10 MALLING CLOSE |
| 5 Jan 2023 | £517,562 | £520,000 | 13 HEREWARD WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Apr 2016. Using an estimated price of £475,312 means this house is valued at £5,941 per sq meter (£551 per sq foot).
The average size of a house on CRANMER CLOSE is 115 sq meters (1,241 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mayhew Way |
| Jan 2024 | Theft from the person | Under investigation | On or near Brooks Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |