£318,843
This estimated value is based upon the latest sale price for the house of £260,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 16 Oct 2019 |
| £117,500 | 8 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £260,000 results in an estimated price of approximately £318,843.
| 16 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £260,000 | £58,843 | £318,843 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -21.493 % | £-55,881 | £204,118 |
| 3 Month Average | 20.063 % | £52,164 | £312,164 |
| 6 Month Average | 22.416 % | £58,281 | £318,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £417,301 | £410,000 | 7 POPLAR WALK |
| 1 Dec 2023 | £279,897 | £275,000 | 80 HAZELWOOD AVENUE |
| 28 Nov 2023 | £431,387 | £425,000 | 5 LILAC CLOSE |
| 4 Aug 2023 | £322,824 | £320,000 | 12 CEDAR CLOSE |
| 7 Jul 2023 | £263,547 | £260,000 | 68 HAZELWOOD AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Apr 2019. Using an estimated price of £318,844 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on HAZELWOOD AVENUE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jordans Lane East |
| Feb 2024 | Burglary | Under investigation | On or near Pinewood Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinewood Close |
| Mar 2024 | Anti-social behaviour | On or near Tamarack Close |