£429,070
This estimated value is based upon the latest sale price for the house of £323,000 on 27 Sep 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £323,000 | 27 Sep 2016 |
| £260,000 | 5 Jan 2016 |
| 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 September 2016 the House Price Index for EAST SUSSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £323,000 results in an estimated price of approximately £429,070.
| 27 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £323,000 | £106,070 | £429,070 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -2.433 % | £-7,857 | £315,142 |
| 3 Month Average | 3.592 % | £11,603 | £334,603 |
| 6 Month Average | 19.497 % | £62,974 | £385,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £329,209 | £325,000 | 47 ASHURST AVENUE |
| 4 Aug 2023 | £353,089 | £350,000 | 104 BANNINGS VALE |
| 28 Jul 2023 | £425,730 | £420,000 | 69 ASHURST AVENUE |
| 17 Apr 2023 | £400,310 | £396,000 | 102 BANNINGS VALE |
| 5 Aug 2022 | £478,711 | £480,000 | 140 OAKLANDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bannings Vale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Hartfield Road |
| Mar 2024 | Anti-social behaviour | On or near Cissbury Crescent | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chailey Crescent |