£500,831
This estimated value is based upon the latest sale price for the house of £375,000 on 1 Jun 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Supermarket
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| Price Paid | Date |
|---|---|
| £375,000 | 1 Jun 2016 |
| £320,000 | 12 Mar 2015 |
| £135,000 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 June 2016 the House Price Index for EAST SUSSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £375,000 results in an estimated price of approximately £500,831.
| 1 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £375,000 | £125,831 | £500,831 |
The Postcode Pricing Model uses changes in average sales price within the RH18 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 | 22.407 % | £84,026 | £459,026 |
| 3 Month Average | 11.192 % | £41,968 | £416,968 |
| 6 Month Average | 9.536 % | £35,760 | £410,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £56,999 | £56,500 | PLOT 24 RIVERSIDE PARK MOORINGS PRIORY ROAD |
| 7 Jun 2023 | £837,646 | £827,500 | ELSTEAD GILHAM LANE |
| 25 Jan 2023 | £363,289 | £365,000 | 2 THE MILLINERS LEWES ROAD |
| 15 Sep 2022 | £619,993 | £625,000 | BROOKSIDE PRIORY ROAD |
| 24 Mar 2022 | £265,283 | £256,000 | 6 WESTBROOK PRIORY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Jul 2014. Using an estimated price of £500,831 means this house is valued at £6,107 per sq meter (£567 per sq foot).
The average size of a house on PRIORY ROAD is 157 sq meters (1,696 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Hillside | |
| Feb 2024 | Shoplifting | Under investigation | On or near Hillside |