£406,155
This estimated value is based upon the latest sale price for the house of £73,000 on 9 Feb 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £73,000 | 9 Feb 1996 |
| £65,000 | 8 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 1996 the House Price Index for EAST SUSSEX was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.378%.Applying this 456.378% change to the original purchase price of £73,000 results in an estimated price of approximately £406,155.
| 9 Feb 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.378 % | £73,000 | £333,155 | £406,155 |
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 | 476.517 % | £347,857 | £420,857 |
| 3 Month Average | 444.422 % | £324,427 | £397,427 |
| 6 Month Average | 487.550 % | £355,911 | £428,911 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Jun 2020.
The average size of a house on VERNON CLOSE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Dec 2023 | Anti-social behaviour | On or near Vernon Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Avenue |