£990,292
This estimated value is based upon the latest sale price for the house of £765,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £765,000 | 22 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 December 2016 the House Price Index for EAST SUSSEX was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £765,000 results in an estimated price of approximately £990,292.
| 22 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £765,000 | £225,292 | £990,292 |
The Postcode Pricing Model uses changes in average sales price within the RH17 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 | -4.691 % | £-35,887 | £729,112 |
| 3 Month Average | 0.460 % | £3,515 | £768,515 |
| 6 Month Average | 10.614 % | £81,196 | £846,196 |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 31 Aug 2016.
The average size of a house on COLWELL LANE is 152 sq meters (1,636 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Birch Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birch Close |
| Mar 2024 | Anti-social behaviour | On or near Ridgeway | |
| Dec 2023 | Other theft | Under investigation | On or near Ridgeway |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sussex Gardens |