£323,204
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 14 Nov 2023 |
| £285,000 | 10 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2023 the House Price Index for EAST SUSSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £315,000 results in an estimated price of approximately £323,204.
| 14 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £315,000 | £8,204 | £323,204 |
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 | 43.685 % | £137,607 | £452,607 |
| 3 Month Average | 10.007 % | £31,522 | £346,522 |
| 6 Month Average | -10.411 % | £-32,795 | £282,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £323,204 | £315,000 | 26 MONKS WAY |
| 30 Mar 2023 | £326,452 | £321,000 | 4 MANTELL CLOSE |
| 30 Aug 2022 | £376,762 | £375,000 | 4 MONKS WAY |
| 19 Aug 2022 | £331,550 | £330,000 | 40 OLD MALLING WAY |
| 12 Aug 2022 | £331,550 | £330,000 | 28 MONKS WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 20 Dec 2012. Using an estimated price of £323,204 means this house is valued at £5,130 per sq meter (£476 per sq foot).
The average size of a house on MONKS WAY is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunvan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunvan Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hoopers Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Lambert Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambert Place |