£235,625
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Nov 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 880 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 November 2005 the House Price Index for EAST SUSSEX was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £130,000 results in an estimated price of approximately £235,625.
| 28 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £130,000 | £105,625 | £235,625 |
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 | 81.934 % | £106,513 | £236,513 |
| 3 Month Average | 100.534 % | £130,693 | £260,693 |
| 6 Month Average | 96.116 % | £124,951 | £254,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £122,681 | £120,534 | FLAT 3 FAIRMEAD, 5 MILNTHORPE ROAD |
| 21 Jul 2023 | £704,482 | £695,000 | 15 DERWENT ROAD |
| 20 Mar 2023 | £191,302 | £189,500 | FLAT 4 36A MEADS STREET |
| 27 Feb 2023 | £839,435 | £840,000 | 19 MEADS STREET |
| 1 Sep 2022 | £967,190 | £975,000 | 32 MILNTHORPE ROAD |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 15 May 2010. Using an estimated price of £235,625 means this house is valued at £2,880 per sq meter (£267 per sq foot).
The average size of a house on DERWENT ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meads Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meads Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Derwent Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Matlock Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Matlock Road |