£306,519
This estimated value is based upon the latest sale price for the house of £249,950 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£249,950 | 4 Oct 2019 |
£270,000 | 21 Jun 2018 |
£200,000 | 10 Jun 2016 |
Detached |
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 October 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £249,950 results in an estimated price of approximately £306,519.
4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £249,950 | £56,569 | £306,519 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 3.795 % | £9,486 | £259,436 |
3 Month Average | 44.026 % | £110,043 | £359,993 |
6 Month Average | 32.397 % | £80,977 | £330,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £172,084 | £170,000 | 14A WATERMILL CLOSE |
2 Feb 2023 | £268,819 | £269,000 | 135 SOUTHFIELD |
15 Aug 2022 | £294,208 | £295,000 | 121 SOUTHFIELD |
22 Jul 2022 | £315,850 | £315,000 | 18 CROFT CLOSE |
3 May 2022 | £328,184 | £322,000 | 8 CROFT CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Aug 2016. Using an estimated price of £306,519 means this house is valued at £4,378 per sq meter (£406 per sq foot).
The average size of a house on THE MILLRACE is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Windmill Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Farmlands Avenue |