£420,423
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Mar 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £110,000 | 29 Mar 2000 |
| £85,000 | 28 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 March 2000 the House Price Index for EAST SUSSEX was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £110,000 results in an estimated price of approximately £420,423.
| 29 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 146.7 | 282.203 % | £110,000 | £310,423 | £420,423 |
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 | 233.007 % | £256,308 | £366,308 |
| 3 Month Average | 265.762 % | £292,338 | £402,338 |
| 6 Month Average | 312.749 % | £344,024 | £454,024 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 25 Jun 2021.
The average size of a house on MELROSE CLOSE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Mountain Ash Close |
| Feb 2024 | Burglary | Under investigation | On or near St Mellion Close |
| Feb 2024 | Burglary | Under investigation | On or near St Mellion Close |
| Mar 2024 | Anti-social behaviour | On or near Holyhead Close | |
| Feb 2024 | Anti-social behaviour | On or near Maple Court |