£500,822
This estimated value is based upon the latest sale price for the house of £389,950 on 20 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 |
|---|---|
| £389,950 | 20 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £389,950 results in an estimated price of approximately £500,822.
| 20 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £389,950 | £110,872 | £500,822 |
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 | -17.130 % | £-66,797 | £323,152 |
| 3 Month Average | 24.743 % | £96,486 | £486,436 |
| 6 Month Average | 28.894 % | £112,671 | £502,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £840,725 | £825,000 | 44 BALDWIN AVENUE |
| 6 Jan 2023 | £699,870 | £698,000 | 55 BALDWIN AVENUE |
| 18 Aug 2022 | £703,289 | £700,000 | 65 BALDWIN AVENUE |
| 8 Jul 2022 | £848,502 | £840,000 | 46 BALDWIN AVENUE |
| 16 Aug 2021 | £713,660 | £635,000 | 12 ELDON ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Apr 2017. Using an estimated price of £500,823 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on VICTORIA DRIVE is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wessex Place | |
| Jul 2024 | Anti-social behaviour | On or near Wessex Place | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wessex Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wessex Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wessex Place |