£545,136
This estimated value is based upon the latest sale price for the house of £350,000 on 15 May 2014. 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 | 15 May 2014 |
Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 2014 the House Price Index for EAST SUSSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £350,000 results in an estimated price of approximately £545,136.
15 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £350,000 | £195,136 | £545,136 |
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 | 2.752 % | £9,633 | £359,633 |
3 Month Average | 12.752 % | £44,630 | £394,630 |
6 Month Average | 33.062 % | £115,718 | £465,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £204,648 | £200,000 | 8 WILLOW DRIVE |
17 Aug 2023 | £509,184 | £500,000 | 235 EASTBOURNE ROAD |
11 Apr 2023 | £371,957 | £365,000 | 98 EASTBOURNE ROAD |
15 Feb 2023 | £317,118 | £315,000 | 102 EASTBOURNE ROAD |
25 Aug 2022 | £502,349 | £500,000 | 251A EASTBOURNE ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 20 Nov 2014. Using an estimated price of £545,137 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on EASTBOURNE ROAD is 131 sq meters (1,411 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Eastbourne Road |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Church Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wannock Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wannock Drive |