£539,719
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Apr 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 6 Apr 2005 |
| £124,950 | 11 Aug 1997 |
| £117,500 | 15 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 April 2005 the House Price Index for EAST SUSSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £290,000 results in an estimated price of approximately £539,719.
| 6 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £290,000 | £249,719 | £539,719 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 71.145 % | £206,320 | £496,320 |
| 3 Month Average | 96.975 % | £281,227 | £571,227 |
| 6 Month Average | 94.921 % | £275,270 | £565,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £470,061 | £465,000 | 328 VICTORIA DRIVE |
| 15 Feb 2023 | £444,701 | £445,000 | 2 JACK ODANDY CLOSE |
| 22 Oct 2021 | £171,504 | £155,000 | FLAT 8 15 WOODCROFT DRIVE |
| 30 Jul 2021 | £218,360 | £190,000 | FLAT 1 14 WOODCROFT DRIVE |
| 30 Jun 2021 | £488,181 | £455,000 | 367 VICTORIA DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Apr 2019. Using an estimated price of £539,720 means this house is valued at £4,423 per sq meter (£410 per sq foot).
The average size of a house on SOUTHDOWN ROAD is 184 sq meters (1,980 sq feet).
This house is the smallest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southdown Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lullington Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lullington Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lullington Close |
| Mar 2024 | Anti-social behaviour | On or near Falmer Close |