£186,497
This estimated value is based upon the latest sale price for the house of £187,000 on 15 Aug 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £187,000 | 15 Aug 2022 |
| £181,000 | 24 Apr 2020 |
| £154,500 | 10 Oct 2017 |
| £68,500 | 31 Jan 2002 |
| £35,000 | 20 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 August 2022 the House Price Index for EAST SUSSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £187,000 results in an estimated price of approximately £186,497.
| 15 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £187,000 | £-502 | £186,497 |
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 | 45.187 % | £84,498 | £271,498 |
| 3 Month Average | -17.326 % | £-32,399 | £154,600 |
| 6 Month Average | -1.253 % | £-2,342 | £184,657 |
| 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 42 sq meters or 452 sq feet when measured on 16 Jun 2016. Using an estimated price of £186,498 means this house is valued at £4,440 per sq meter (£412 per sq foot).
The average size of a house on SPENCES LANE is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near Mayhew Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Malling Close |
| 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 |