£1,247,014
This estimated value is based upon the latest sale price for the house of £205,000 on 4 Oct 2023. 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 Transit Road
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| Price Paid | Date |
|---|---|
| £205,000 | 4 Oct 2023 |
| £175,000 | 28 Mar 2008 |
| £149,950 | 6 Aug 2004 |
| Terraced |
| Freehold |
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 2023 the House Price Index for EAST SUSSEX was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £205,000 results in an estimated price of approximately £1,247,014.
| 4 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £205,000 | £1,042,014 | £1,247,014 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | -23.150 % | £-47,457 | £157,542 |
| 3 Month Average | 23.343 % | £47,853 | £252,853 |
| 6 Month Average | 22.304 % | £45,723 | £250,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £292,060 | £286,950 | 12 NORTON TERRACE |
| 27 Nov 2023 | £263,907 | £260,000 | 18 NORTON TERRACE |
| 3 Jul 2023 | £369,980 | £365,000 | CORBIERRE NORTON ROAD |
| 28 Apr 2023 | £240,590 | £238,000 | 34A NORTON TERRACE |
| 18 Apr 2023 | £252,721 | £250,000 | 14 BEACH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Transit Road |
| Mar 2024 | Drugs | Under investigation | On or near Transit Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Transit Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Transit Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Transit Road |