£277,935
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Feb 2019. 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 Pinewood Close
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| Price Paid | Date |
|---|---|
| £225,000 | 26 Feb 2019 |
| £177,000 | 2 Aug 2011 |
| £144,000 | 12 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £225,000 results in an estimated price of approximately £277,935.
| 26 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £225,000 | £52,935 | £277,935 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -5.898 % | £-13,270 | £211,729 |
| 3 Month Average | 8.957 % | £20,152 | £245,152 |
| 6 Month Average | 22.971 % | £51,685 | £276,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £284,986 | £280,000 | 7 PINEWOOD CLOSE |
| 4 Aug 2023 | £322,824 | £320,000 | 12 CEDAR CLOSE |
| 17 Feb 2023 | £289,805 | £290,000 | 10 WILLOW WALK |
| 20 Jan 2023 | £275,701 | £277,000 | 11 LABURNUM WALK |
| 31 Oct 2022 | £291,858 | £295,000 | 31 PINEWOOD CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Jun 2010. Using an estimated price of £277,935 means this house is valued at £4,275 per sq meter (£397 per sq foot).
The average size of a house on HAZELWOOD AVENUE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Pinewood Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinewood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Close |
| Mar 2024 | Anti-social behaviour | On or near Tamarack Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tamarack Close |