£822,715
This estimated value is based upon the latest sale price for the house of £137,000 on 13 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Park Lane
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| Price Paid | Date |
|---|---|
| £137,000 | 13 Nov 2023 |
| £90,000 | 22 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2023 the House Price Index for EAST SUSSEX was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £137,000 results in an estimated price of approximately £822,715.
| 13 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £137,000 | £685,715 | £822,715 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -2.176 % | £-2,981 | £134,018 |
| 3 Month Average | -13.466 % | £-18,448 | £118,551 |
| 6 Month Average | -4.195 % | £-5,747 | £131,252 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Mar 2014.
The average size of a house on WOODCROFT DRIVE is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Park Lane |
| Mar 2024 | Anti-social behaviour | On or near Park Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Feb 2024 | Possession of weapons | Under investigation | On or near Park Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Park Lane |