£325,414
This estimated value is based upon the latest sale price for the house of £122,500 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £122,500 | 25 Oct 2002 |
| £73,500 | 28 Jul 2000 |
| £48,500 | 11 Jul 1997 |
| £43,500 | 29 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 October 2002 the House Price Index for EAST SUSSEX was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £122,500 results in an estimated price of approximately £325,414.
| 25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £122,500 | £202,914 | £325,414 |
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 | 57.029 % | £69,860 | £192,360 |
| 3 Month Average | 121.673 % | £149,049 | £271,549 |
| 6 Month Average | 140.594 % | £172,227 | £294,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £124,077 | £123,000 | GROUND AND BASEMENT FLOORS 36 MEADS STREET |
| 13 Dec 2023 | £124,355 | £120,534 | FLAT 3 FAIRMEAD, 5 MILNTHORPE ROAD |
| 20 Mar 2023 | £192,718 | £189,500 | FLAT 4 36A MEADS STREET |
| 27 Feb 2023 | £845,649 | £840,000 | 19 MEADS STREET |
| 1 Sep 2022 | £974,349 | £975,000 | 32 MILNTHORPE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Aug 2019. Using an estimated price of £325,415 means this house is valued at £4,856 per sq meter (£451 per sq foot).
The average size of a house on DERWENT ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Meads Street | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Meads Street |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meads Street |
| Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Meads Street |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Meads Street |