£311,072
This estimated value is based upon the latest sale price for the house of £244,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £244,000 | 28 Jul 2017 |
| £163,000 | 3 Feb 2012 |
| £48,000 | 28 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2017 the House Price Index for EAST SUSSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £244,000 results in an estimated price of approximately £311,072.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £244,000 | £67,072 | £311,072 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 40.668 % | £99,230 | £343,230 |
| 3 Month Average | 23.451 % | £57,219 | £301,219 |
| 6 Month Average | 30.784 % | £75,112 | £319,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £146,280 | £145,000 | FLAT 2 ALBION HOUSE, 54 HIGH STREET |
| 16 Aug 2023 | £301,134 | £298,500 | 8 MOUNT PLEASANT |
| 1 Aug 2023 | £228,499 | £226,500 | 8B FRAMFIELD ROAD |
| 5 Apr 2023 | £244,634 | £242,000 | FLAT 2 FRAMFIELD COURT FRAMFIELD ROAD |
| 8 Feb 2023 | £171,884 | £172,000 | FLAT 1B ULVESTON HOUSE, 32 NEW TOWN |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Jan 2017. Using an estimated price of £311,073 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on FRAMFIELD ROAD is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Drove |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |