£359,037
This estimated value is based upon the latest sale price for the house of £337,500 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £337,500 | 30 Sep 2021 |
| £275,000 | 1 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £337,500 results in an estimated price of approximately £359,037.
| 30 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £337,500 | £21,537 | £359,037 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 4.727 % | £15,954 | £353,454 |
| 3 Month Average | 19.619 % | £66,212 | £403,712 |
| 6 Month Average | 0.449 % | £1,515 | £339,015 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Apr 2018.
The average size of a house on FARMLANDS WAY is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Millrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Farmlands Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Mayfair Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfair Close |