£375,560
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Jan 2024. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 24 Jan 2024 |
| £59,000 | 16 Mar 1995 |
| Semi-Detached |
| Freehold |
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 January 2024 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £370,000 results in an estimated price of approximately £375,560.
| 24 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £370,000 | £5,560 | £375,560 |
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 | -45.080 % | £-166,794 | £203,205 |
| 3 Month Average | -14.408 % | £-53,310 | £316,689 |
| 6 Month Average | -10.036 % | £-37,131 | £332,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £317,780 | £315,000 | 5 WAITE CLOSE |
| 28 Jul 2023 | £449,550 | £443,500 | 9 HEREWARD WAY |
| 17 Mar 2023 | £343,234 | £340,000 | 5 DE GREY CLOSE |
| 20 Feb 2023 | £259,825 | £260,000 | 10 MALLING CLOSE |
| 5 Jan 2023 | £517,562 | £520,000 | 13 HEREWARD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mayhew Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Spences Lane |
| Jan 2024 | Violence and sexual offences | 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 |