£322,453
This estimated value is based upon the latest sale price for the house of £186,500 on 31 Jul 2006. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Close Four
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| Price Paid | Date |
|---|---|
| £186,500 | 31 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2006 the House Price Index for EAST SUSSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £186,500 results in an estimated price of approximately £322,453.
| 31 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £186,500 | £135,953 | £322,453 |
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 | 57.406 % | £107,062 | £293,562 |
| 3 Month Average | 54.483 % | £101,610 | £288,110 |
| 6 Month Average | 66.484 % | £123,993 | £310,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £278,562 | £275,000 | 8 CARROLL WALK |
| 30 Jun 2023 | £151,789 | £149,950 | 47 WORDSWORTH DRIVE |
| 21 Apr 2023 | £235,486 | £232,950 | 92 SHAKESPEARE WALK |
| 10 Feb 2023 | £149,899 | £150,000 | 53 WORDSWORTH DRIVE |
| 21 Jul 2022 | £185,499 | £185,000 | 82 SHAKESPEARE WALK |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 2 Dec 2013. Using an estimated price of £322,453 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on JEROME CLOSE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Close Four |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Rising |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Rising |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Rising |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near The Rising |