£162,598
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Mar 2020 |
| £120,000 | 1 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £135,000 results in an estimated price of approximately £162,598.
| 4 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £135,000 | £27,598 | £162,598 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 29.462 % | £39,773 | £174,773 |
| 3 Month Average | 19.001 % | £25,651 | £160,651 |
| 6 Month Average | 24.894 % | £33,607 | £168,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £284,208 | £280,000 | 27 FRESHFORD CLOSE |
| 20 Sep 2023 | £302,873 | £299,000 | 5 SWANLEY CLOSE |
| 5 Sep 2023 | £243,108 | £240,000 | 2 FRESHFORD CLOSE |
| 23 Jun 2023 | £241,931 | £239,000 | 20 LYDD CLOSE |
| 2 Feb 2023 | £109,926 | £110,000 | 2 RUXLEY COURT LANGNEY RISE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 3 Dec 2019. Using an estimated price of £162,599 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on LANGNEY RISE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Freshford Close |
| Feb 2024 | Anti-social behaviour | On or near Freshford Close | |
| Feb 2024 | Anti-social behaviour | On or near Freshford Close | |
| Feb 2024 | Drugs | Under investigation | On or near Freshford Close |
| Feb 2024 | Public order | Under investigation | On or near Freshford Close |