£197,341
This estimated value is based upon the latest sale price for the house of £146,950 on 6 May 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £146,950 | 6 May 2016 |
| £91,500 | 19 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 602 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 May 2016 the House Price Index for EAST SUSSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £146,950 results in an estimated price of approximately £197,341.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £146,950 | £50,391 | £197,341 |
The Postcode Pricing Model uses changes in average sales price within the TN40 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 | 58.528 % | £86,007 | £232,957 |
| 3 Month Average | 56.767 % | £83,419 | £230,369 |
| 6 Month Average | 37.411 % | £54,975 | £201,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £154,825 | £152,950 | FLAT 30 CHARTER TOWERS HASTINGS ROAD |
| 6 Jan 2023 | £215,983 | £217,000 | FLAT 9 CHARTER TOWERS HASTINGS ROAD |
| 26 Aug 2022 | £573,456 | £575,000 | 7 GAINSBOROUGH ROAD |
| 6 Jul 2022 | £220,594 | £220,000 | 18 MAYFIELD WAY |
| 4 Feb 2022 | £194,008 | £185,000 | 14 GEORGIAN CLOSE |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 18 Jun 2010. Using an estimated price of £197,341 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on GEORGIAN CLOSE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Georgian Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandown Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmstead Road |