£296,058
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 10 Dec 2018 |
| £170,000 | 29 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 602 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 December 2018 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £240,000 results in an estimated price of approximately £296,058.
| 10 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £240,000 | £56,058 | £296,058 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 6.765 % | £16,237 | £256,237 |
| 3 Month Average | 7.458 % | £17,899 | £257,899 |
| 6 Month Average | 25.433 % | £61,038 | £301,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £370,485 | £365,000 | 7 SOLENT CRESCENT |
| 28 Sep 2023 | £425,440 | £420,000 | 9 LUNDY WALK |
| 28 Jul 2023 | £316,763 | £312,500 | 56 LUNDY WALK |
| 28 Jul 2023 | £326,393 | £322,000 | 16 SHETLAND CLOSE |
| 4 Jul 2023 | £248,444 | £245,100 | 34 CUCKMERE CLOSE |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 8 Nov 2010. Using an estimated price of £296,059 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on LUNDY WALK is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lundy Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lundy Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shetland Close |
| Jan 2024 | Drugs | Under investigation | On or near Shetland Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Shetland Close |