£281,450
This estimated value is based upon the latest sale price for the house of £227,500 on 13 Mar 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £227,500 | 13 Mar 2018 |
| £142,000 | 3 Mar 2005 |
| £106,000 | 21 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 March 2018 the House Price Index for EAST SUSSEX was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £227,500 results in an estimated price of approximately £281,450.
| 13 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £227,500 | £53,950 | £281,450 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | -5.705 % | £-12,978 | £214,521 |
| 3 Month Average | 18.570 % | £42,246 | £269,746 |
| 6 Month Average | 28.514 % | £64,870 | £292,370 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Jun 2015.
The average size of a house on PALESGATE WAY is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palesgate Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palesgate Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lennox Close |
| Jan 2024 | Anti-social behaviour | On or near Royal Sussex Crescent | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Royal Sussex Crescent |