£188,204
This estimated value is based upon the latest sale price for the house of £110,500 on 4 Sep 2006. 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 Southfield
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| Price Paid | Date |
|---|---|
| £110,500 | 4 Sep 2006 |
| £104,000 | 30 Jul 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 September 2006 the House Price Index for EAST SUSSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £110,500 results in an estimated price of approximately £188,204.
| 4 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £110,500 | £77,704 | £188,204 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 40.240 % | £44,465 | £154,965 |
| 3 Month Average | 108.408 % | £119,790 | £230,290 |
| 6 Month Average | 98.223 % | £108,535 | £219,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £315,000 | £315,000 | 12 GROSVENOR CLOSE |
| 2 Feb 2023 | £268,819 | £269,000 | 135 SOUTHFIELD |
| 15 Aug 2022 | £294,208 | £295,000 | 121 SOUTHFIELD |
| 12 Aug 2022 | £224,396 | £225,000 | 42 FARMLANDS WAY |
| 8 Apr 2022 | £355,281 | £345,000 | 11 THE MILLRACE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 21 Aug 2012. Using an estimated price of £188,205 means this house is valued at £4,091 per sq meter (£380 per sq foot).
The average size of a house on SOUTHFIELD is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Southfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmlands Way |