£431,308
This estimated value is based upon the latest sale price for the house of £350,000 on 22 Oct 2018. 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 Cabot Close
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| Price Paid | Date |
|---|---|
| £350,000 | 22 Oct 2018 |
| £225,000 | 10 Oct 2007 |
| £215,000 | 30 Jan 2004 |
| £117,500 | 16 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 October 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £350,000 results in an estimated price of approximately £431,308.
| 22 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £350,000 | £81,308 | £431,308 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 21.892 % | £76,623 | £426,623 |
| 3 Month Average | 16.374 % | £57,307 | £407,307 |
| 6 Month Average | 20.985 % | £73,448 | £423,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £239,185 | £235,000 | 43 THE PORTLANDS |
| 8 Aug 2023 | £524,589 | £520,000 | 7 MAGELLAN WAY |
| 2 Sep 2022 | £416,636 | £420,000 | 12 CABOT CLOSE |
| 8 Aug 2022 | £413,886 | £415,000 | 4 CABOT CLOSE |
| 30 Mar 2022 | £440,411 | £425,000 | 21 CABOT CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 2 Nov 2017. Using an estimated price of £431,308 means this house is valued at £3,343 per sq meter (£310 per sq foot).
The average size of a house on CABOT CLOSE is 106 sq meters (1,143 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cabot Close |
| Feb 2024 | Other theft | Under investigation | On or near Hudson Close |
| Jan 2024 | Possession of weapons | Under investigation | On or near Magellan Way |
| Feb 2024 | Possession of weapons | Under investigation | On or near Grenada Close |
| Dec 2023 | Anti-social behaviour | On or near St Kitts Drive |