£1,064,029
This estimated value is based upon the latest sale price for the house of £750,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £750,000 | 4 Sep 2015 |
| £155,000 | 6 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 September 2015 the House Price Index for EAST SUSSEX was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £750,000 results in an estimated price of approximately £1,064,029.
| 4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £750,000 | £314,029 | £1,064,029 |
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 | 20.227 % | £151,698 | £901,698 |
| 3 Month Average | 9.375 % | £70,315 | £820,315 |
| 6 Month Average | 22.268 % | £167,010 | £917,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £986,955 | £975,000 | 6 HOUNDEAN CLOSE |
| 26 Apr 2023 | £793,544 | £785,000 | 37 MONTACUTE ROAD |
| 12 Apr 2023 | £818,816 | £810,000 | 15 MONTACUTE ROAD |
| 12 Apr 2023 | £646,966 | £640,000 | 46 BARONS DOWN ROAD |
| 20 May 2022 | £1,508,422 | £1,480,000 | 9 HOUNDEAN RISE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 26 Oct 2012. Using an estimated price of £1,064,029 means this house is valued at £8,580 per sq meter (£797 per sq foot).
The average size of a house on HOUNDEAN RISE is 173 sq meters (1,862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Houndean Close |
| Mar 2024 | Public order | Under investigation | On or near Brighton Road |
| Mar 2024 | Drugs | Under investigation | On or near Brighton Road |
| Mar 2024 | Anti-social behaviour | On or near Brighton Road | |
| Feb 2024 | Anti-social behaviour | On or near Brighton Road |