£384,936
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Feb 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Feb 2002 |
| £74,950 | 15 Sep 1999 |
| £40,000 | 15 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2002 the House Price Index for EAST SUSSEX was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £125,000 results in an estimated price of approximately £384,936.
| 15 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £125,000 | £259,936 | £384,936 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 179.199 % | £223,998 | £348,998 |
| 3 Month Average | 242.482 % | £303,102 | £428,102 |
| 6 Month Average | 209.131 % | £261,414 | £386,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2022 | £312,477 | £315,000 | 7 BURSTEAD CLOSE |
| 12 Apr 2022 | £437,665 | £425,000 | 71 HOLLINGBURY RISE |
| 4 Nov 2021 | £311,476 | £288,000 | 57 BURSTEAD CLOSE |
| 18 Dec 2020 | £430,393 | £375,000 | 43 BURSTEAD CLOSE |
| 11 Dec 2020 | £444,165 | £387,000 | 103 BRENTWOOD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Feb 2019. Using an estimated price of £384,937 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on BURSTEAD CLOSE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burstead Close | |
| Feb 2024 | Theft from the person | Under investigation | On or near Burstead Close |
| Feb 2024 | Drugs | Local resolution | On or near Burstead Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Hutton Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hutton Road |