£281,332
This estimated value is based upon the latest sale price for the house of £205,000 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 22 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2016 the House Price Index for EAST SUSSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £205,000 results in an estimated price of approximately £281,332.
| 22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £205,000 | £76,332 | £281,332 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 7.426 % | £15,223 | £220,223 |
| 3 Month Average | 6.873 % | £14,089 | £219,089 |
| 6 Month Average | 32.062 % | £65,727 | £270,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £230,000 | £230,000 | 40 SOUTH ROAD |
| 28 Jul 2023 | £276,218 | £272,500 | 23 LINDFIELD DRIVE |
| 13 Jun 2022 | £162,294 | £160,000 | 54A SOUTH ROAD |
| 25 Mar 2022 | £227,978 | £220,000 | 46 LINDFIELD DRIVE |
| 16 Dec 2021 | £170,349 | £159,000 | FLAT A 42 SOUTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Apr 2015. Using an estimated price of £281,333 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on SOUTH ROAD is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Robbery | Under investigation | On or near Downsview Way |
| Apr 2024 | Anti-social behaviour | On or near Tennis Close |