£406,387
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 12 Sep 2014 |
| £249,950 | 11 Oct 2006 |
| £240,000 | 3 Feb 2005 |
| £115,000 | 26 May 1999 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2014 the House Price Index for EAST SUSSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £270,000 results in an estimated price of approximately £406,387.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £270,000 | £136,387 | £406,387 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 40.610 % | £109,646 | £379,646 |
| 3 Month Average | 67.575 % | £182,451 | £452,451 |
| 6 Month Average | 58.426 % | £157,750 | £427,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £328,537 | £325,000 | 3 GOSFORD WAY |
| 16 Dec 2021 | £312,842 | £292,000 | 9 GOSFORD WAY |
| 10 Dec 2021 | £198,205 | £185,000 | 1 SOUTHDOWN COURT OLD DRIVE |
| 6 Dec 2021 | £332,127 | £310,000 | 61 BROOK STREET |
| 1 Dec 2021 | £305,342 | £285,000 | 38 GOSFORD WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Jul 2014. Using an estimated price of £406,387 means this house is valued at £5,805 per sq meter (£539 per sq foot).
The average size of a house on OLD DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bernhard Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bernhard Gardens |
| Jan 2024 | Drugs | Under investigation | On or near Bernhard Gardens |
| Jan 2024 | Possession of weapons | Under investigation | On or near Bernhard Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bernhard Gardens |