£360,437
This estimated value is based upon the latest sale price for the house of £292,500 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£292,500 | 27 Nov 2018 |
£234,000 | 3 Dec 2007 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 November 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £292,500 results in an estimated price of approximately £360,437.
27 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £292,500 | £67,937 | £360,437 |
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 | 23.777 % | £69,548 | £362,048 |
3 Month Average | 19.933 % | £58,304 | £350,804 |
6 Month Average | 22.936 % | £67,088 | £359,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £568,415 | £560,000 | 3 MENDIP AVENUE |
20 Jun 2023 | £354,292 | £350,000 | 3 CAIRNGORM CLOSE |
27 Jan 2023 | £398,125 | £400,000 | 3 CHILTERN CLOSE |
15 Aug 2022 | £369,007 | £370,000 | 33 CAIRNGORM CLOSE |
28 Jul 2022 | £372,001 | £371,000 | 5 CHILTERN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Mar 2018. Using an estimated price of £360,438 means this house is valued at £4,142 per sq meter (£384 per sq foot).
The average size of a house on CHILTERN CLOSE is 114 sq meters (1,236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Purbeck Close | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grampian Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Kilpatrick Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Kilpatrick Close |