£559,411
This estimated value is based upon the latest sale price for the house of £550,000 on 22 May 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£550,000 | 22 May 2023 |
£330,000 | 21 Jul 2015 |
£227,500 | 19 Jun 2012 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 May 2023 the House Price Index for EAST SUSSEX was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £550,000 results in an estimated price of approximately £559,411.
22 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £550,000 | £9,411 | £559,411 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 3.039 % | £16,715 | £566,715 |
3 Month Average | -18.626 % | £-102,443 | £447,556 |
6 Month Average | -6.764 % | £-37,200 | £512,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £324,337 | £321,500 | 5 BLUE HAZE AVENUE |
23 Jun 2023 | £372,512 | £368,000 | 6 UPPER CHYNGTON GARDENS |
5 Jun 2023 | £394,782 | £390,000 | 42 UPPER CHYNGTON GARDENS |
30 Sep 2022 | £366,986 | £369,950 | 36 UPPER CHYNGTON GARDENS |
8 Aug 2022 | £349,060 | £350,000 | 38 RICHINGTON WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 Mar 2020.
The average size of a house on RICHINGTON WAY is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Pevensey Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Seafield Close |
Mar 2024 | Other theft | Under investigation | On or near The Mews |
Jan 2024 | Anti-social behaviour | On or near Vale Close | |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Vale Close |