£1,128,481
This estimated value is based upon the latest sale price for the house of £925,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£925,000 | 12 Jun 2020 |
Terraced |
Freehold |
Floor Area: 263 sq meters or 2,830 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 2020 the House Price Index for EAST SUSSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £925,000 results in an estimated price of approximately £1,128,481.
12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £925,000 | £203,481 | £1,128,481 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 76.422 % | £706,899 | £1,631,899 |
3 Month Average | 29.902 % | £276,597 | £1,201,597 |
6 Month Average | 8.266 % | £76,462 | £1,001,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £324,986 | £315,000 | 25 SOUTH UNDERCLIFF |
24 Nov 2023 | £923,441 | £900,000 | 7 WATCHBELL STREET |
23 Nov 2023 | £300,375 | £292,750 | 41 SOUTH UNDERCLIFF |
8 Sep 2023 | £1,206,598 | £1,180,000 | 5 WEST STREET |
7 Aug 2023 | £334,024 | £328,000 | 4 ST MARGARETS TERRACE |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 8 Jan 2020. Using an estimated price of £1,128,481 means this house is valued at £4,290 per sq meter (£398 per sq foot).
The average size of a house on WATCHBELL STREET is 151 sq meters (1,627 sq feet).
This house is the largest in the street with a floor area of 263 sq meters (2,830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Watchbell Lane | |
Jun 2024 | Anti-social behaviour | On or near Watchbell Lane | |
Jun 2024 | Other theft | Under investigation | On or near Watchbell Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Traders Passage |
Jun 2024 | Anti-social behaviour | On or near Mermaid Street |