£399,731
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£400,000 | 6 Feb 2023 |
£279,950 | 28 Sep 2018 |
£15,000 | 17 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 February 2023 the House Price Index for EAST SUSSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £400,000 results in an estimated price of approximately £399,731.
6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £400,000 | £-268 | £399,731 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 16.206 % | £64,824 | £464,824 |
3 Month Average | -4.834 % | £-19,334 | £380,665 |
6 Month Average | -1.245 % | £-4,979 | £395,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £194,487 | £192,000 | FLAT 11 WOODLAND VIEW, 48 TAUNTON ROAD |
12 Jul 2023 | £135,828 | £134,000 | FLAT 13 WOODLAND VIEW, 48 TAUNTON ROAD |
19 Apr 2023 | £363,918 | £360,000 | 3 KENILWORTH CLOSE |
17 Mar 2023 | £393,709 | £390,000 | 6 TAUNTON ROAD |
6 Feb 2023 | £399,731 | £400,000 | 31 NORWICH DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jul 2018. Using an estimated price of £399,731 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on NORWICH DRIVE is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knepp Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knepp Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Knepp Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knepp Close |
Jan 2024 | Anti-social behaviour | On or near Knepp Close |