£291,736
This estimated value is based upon the latest sale price for the house of £179,950 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £179,950 | 31 Jan 2007 |
| £58,000 | 17 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 January 2007 the House Price Index for EAST SUSSEX was 90.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.121%.Applying this 62.121% change to the original purchase price of £179,950 results in an estimated price of approximately £291,736.
| 31 Jan 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 146.7 | 62.121 % | £179,950 | £111,786 | £291,736 |
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 | 70.005 % | £125,974 | £305,924 |
| 3 Month Average | 54.996 % | £98,965 | £278,915 |
| 6 Month Average | 65.569 % | £117,990 | £297,940 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 Apr 2015.
The average size of a house on DRAKE AVENUE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cunningham Drive |
| Dec 2023 | Anti-social behaviour | On or near Vernon Close | |
| Dec 2023 | Anti-social behaviour | On or near Vernon Close | |
| Dec 2023 | Anti-social behaviour | On or near Vernon Close |