£688,803
This estimated value is based upon the latest sale price for the house of £675,000 on 20 Jun 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£675,000 | 20 Jun 2023 |
£370,000 | 26 Feb 2008 |
Terraced |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2023 the House Price Index for EAST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £675,000 results in an estimated price of approximately £688,803.
20 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £675,000 | £13,803 | £688,803 |
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 | -35.079 % | £-236,780 | £438,219 |
3 Month Average | -5.453 % | £-36,808 | £638,191 |
6 Month Average | -15.059 % | £-101,648 | £573,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £1,244,115 | £1,225,000 | 21 THE AVENUE |
6 Nov 2023 | £1,731,451 | £1,687,500 | 2 PARK ROAD |
6 Oct 2023 | £460,458 | £450,000 | 4 OFFHAM ROAD |
20 Jun 2023 | £688,804 | £675,000 | 17 RUFUS CLOSE |
16 Jun 2023 | £280,624 | £275,000 | 5 ROWANS COURT |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 30 Apr 2013. Using an estimated price of £688,804 means this house is valued at £5,645 per sq meter (£524 per sq foot).
The average size of a house on RUFUS CLOSE is 108 sq meters (1,166 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rufus Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Weald Close |
Jun 2024 | Anti-social behaviour | On or near Weald Close | |
Jun 2024 | Anti-social behaviour | On or near Weald Close | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Avenue |