£604,463
This estimated value is based upon the latest sale price for the house of £350,000 on 13 May 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 13 May 2011 |
| £280,000 | 12 May 2009 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,298 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 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £350,000 results in an estimated price of approximately £604,463.
| 13 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £350,000 | £254,463 | £604,463 |
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 | 42.123 % | £147,429 | £497,429 |
| 3 Month Average | 57.352 % | £200,732 | £550,732 |
| 6 Month Average | 56.363 % | £197,270 | £547,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £403,530 | £400,000 | 18 ANGUS CLOSE |
| 9 Aug 2023 | £1,089,532 | £1,080,000 | 87 WISH HILL |
| 5 Jul 2023 | £734,891 | £725,000 | 16A BUCKHURST CLOSE |
| 21 Apr 2023 | £591,367 | £585,000 | 3 BUCKHURST CLOSE |
| 2 Sep 2022 | £411,676 | £415,000 | 147 WISH HILL |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 12 Nov 2010. Using an estimated price of £604,463 means this house is valued at £5,012 per sq meter (£465 per sq foot).
The average size of a house on MELVILL LANE is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Anti-social behaviour | On or near Angus Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Angus Close |