£1,037,621
This estimated value is based upon the latest sale price for the house of £895,000 on 23 Nov 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £895,000 | 23 Nov 2020 |
| £575,000 | 24 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2020 the House Price Index for EAST SUSSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £895,000 results in an estimated price of approximately £1,037,621.
| 23 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £895,000 | £142,621 | £1,037,621 |
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 | 49.438 % | £442,466 | £1,337,466 |
| 3 Month Average | -13.773 % | £-123,272 | £771,727 |
| 6 Month Average | 1.295 % | £11,591 | £906,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £633,095 | £625,000 | 45 SOUTH WAY |
| 19 Sep 2023 | £435,569 | £430,000 | 39 HAWKENBURY WAY |
| 7 Aug 2023 | £746,531 | £740,000 | 38 HAWKENBURY WAY |
| 27 Jun 2023 | £1,113,589 | £1,100,100 | 30 SOUTH WAY |
| 23 Jun 2023 | £1,214,714 | £1,200,000 | SOUTHDOWN HOUSE SOUTHDOWN AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 5 Apr 2013. Using an estimated price of £1,037,621 means this house is valued at £7,205 per sq meter (£669 per sq foot).
The average size of a house on DOWNSIDE is 230 sq meters (2,481 sq feet).
This house is the smallest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lodge Close |
| Apr 2024 | Other crime | Under investigation | On or near Prison |
| Apr 2024 | Other crime | Under investigation | On or near Prison |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prison |
| Apr 2024 | Public order | Under investigation | On or near Prison |