£425,146
This estimated value is based upon the latest sale price for the house of £345,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 1 Oct 2018 |
| £239,950 | 9 Aug 2013 |
| £76,000 | 30 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £345,000 results in an estimated price of approximately £425,146.
| 1 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £345,000 | £80,146 | £425,146 |
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 | 16.271 % | £56,135 | £401,135 |
| 3 Month Average | 16.561 % | £57,135 | £402,135 |
| 6 Month Average | 20.310 % | £70,070 | £415,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £482,138 | £475,000 | 11 CHURCH LANE |
| 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 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Feb 2013. Using an estimated price of £425,147 means this house is valued at £5,381 per sq meter (£499 per sq foot).
The average size of a house on DE GREY CLOSE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mayhew Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |
| Mar 2024 | Public order | Under investigation | On or near Sports/Recreation Area |