£310,838
This estimated value is based upon the latest sale price for the house of £176,000 on 7 Mar 2006. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £176,000 | 7 Mar 2006 |
| £74,950 | 29 Mar 1999 |
| £53,500 | 3 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 587 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 2006 the House Price Index for EAST SUSSEX was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £176,000 results in an estimated price of approximately £310,838.
| 7 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £176,000 | £134,838 | £310,838 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 101.174 % | £178,067 | £354,067 |
| 3 Month Average | 83.810 % | £147,506 | £323,506 |
| 6 Month Average | 92.117 % | £162,126 | £338,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £317,780 | £315,000 | 5 WAITE CLOSE |
| 17 Mar 2023 | £343,234 | £340,000 | 5 DE GREY CLOSE |
| 28 Oct 2022 | £410,579 | £415,000 | FLAT 8 HAMSEY HOUSE, 5 SOUTHDOWNS ROAD |
| 28 Oct 2022 | £430,366 | £435,000 | 4 CRANMER CLOSE |
| 7 Oct 2022 | £687,597 | £695,000 | FLAT 11 HAMSEY HOUSE, 5 SOUTHDOWNS ROAD |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 25 Mar 2009. Using an estimated price of £310,839 means this house is valued at £5,693 per sq meter (£528 per sq foot).
The average size of a house on WAITE CLOSE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spences Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Spences Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Spences Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spences Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Spences Lane |