£298,533
This estimated value is based upon the latest sale price for the house of £79,950 on 10 May 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £79,950 | 10 May 2000 |
| £60,000 | 17 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2000 the House Price Index for EAST SUSSEX was 39.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 273.400%.Applying this 273.400% change to the original purchase price of £79,950 results in an estimated price of approximately £298,533.
| 10 May 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 146.7 | 273.400 % | £79,950 | £218,583 | £298,533 |
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 | 213.688 % | £170,843 | £250,793 |
| 3 Month Average | 229.539 % | £183,516 | £263,466 |
| 6 Month Average | 284.050 % | £227,098 | £307,048 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Oct 2017.
The average size of a house on CROMER WAY is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cromer Way | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromer Way |
| Mar 2024 | Other theft | Under investigation | On or near Lepeland |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lepeland |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lepeland |