£248,240
This estimated value is based upon the latest sale price for the house of £185,500 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£185,500 | 9 Sep 2016 |
£125,000 | 5 Jul 2013 |
£46,000 | 28 Aug 1998 |
£37,500 | 19 Sep 1995 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 601 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 2016 the House Price Index for EAST SUSSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £185,500 results in an estimated price of approximately £248,240.
9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £185,500 | £62,740 | £248,240 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 38.918 % | £72,192 | £257,692 |
3 Month Average | 13.119 % | £24,335 | £209,835 |
6 Month Average | 23.726 % | £44,011 | £229,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £225,113 | £220,000 | 9 MYRTLE ROAD |
20 Oct 2023 | £232,787 | £227,500 | 14 ALLFREY ROAD |
26 Jun 2023 | £255,112 | £250,000 | 5 MYRTLE ROAD |
8 Jul 2022 | £259,601 | £257,000 | 6 MYRTLE ROAD |
1 Jul 2022 | £247,480 | £245,000 | 22 ALLFREY ROAD |
This house has a floor area of 55 sq meters or 601 sq feet when measured on 26 Oct 2011. Using an estimated price of £248,241 means this house is valued at £4,440 per sq meter (£412 per sq foot).
The average size of a house on MYRTLE ROAD is 65 sq meters (709 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Fort Lane | |
May 2024 | Anti-social behaviour | On or near Fort Lane | |
May 2024 | Anti-social behaviour | On or near Fort Lane | |
Jul 2024 | Anti-social behaviour | On or near Fort Road | |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Fort Road |