£229,672
This estimated value is based upon the latest sale price for the house of £183,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £183,000 | 26 Jan 2018 |
| £48,000 | 15 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 685 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 January 2018 the House Price Index for EAST SUSSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £183,000 results in an estimated price of approximately £229,672.
| 26 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £183,000 | £46,672 | £229,672 |
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 | 26.741 % | £48,936 | £231,936 |
| 3 Month Average | 15.343 % | £28,076 | £211,076 |
| 6 Month Average | 25.691 % | £47,015 | £230,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £274,808 | £270,000 | 31 ORCHID CLOSE |
| 14 Jul 2023 | £321,832 | £317,500 | 22 ORCHID CLOSE |
| 15 Mar 2023 | £292,758 | £290,000 | 20 HEATHER CLOSE |
| 3 Mar 2023 | £252,378 | £250,000 | 1 MILFOIL DRIVE |
| 3 Aug 2022 | £299,195 | £300,000 | 18 BRAMBLE CLOSE |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 12 Feb 2011. Using an estimated price of £229,672 means this house is valued at £3,608 per sq meter (£335 per sq foot).
The average size of a house on ORCHID CLOSE is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Orchid Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Feb 2024 | Theft from the person | Under investigation | On or near Milfoil Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milfoil Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Milfoil Drive |