£251,164
This estimated value is based upon the latest sale price for the house of £52,950 on 26 May 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £52,950 | 26 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 772 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 1998 the House Price Index for EAST SUSSEX was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £52,950 results in an estimated price of approximately £251,164.
| 26 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 149.7 | 374.343 % | £52,950 | £198,214 | £251,164 |
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 | 205.514 % | £108,819 | £161,769 |
| 3 Month Average | 386.563 % | £204,685 | £257,635 |
| 6 Month Average | 378.708 % | £200,525 | £253,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £159,700 | £156,500 | FLAT 2 80 CHURCH STREET |
| 20 Jul 2022 | £656,579 | £650,000 | 12 LETHEREN PLACE |
| 9 Feb 2022 | £306,373 | £290,000 | 54 CHURCH STREET |
| 14 Jan 2022 | £371,069 | £350,000 | 66 CHURCH STREET |
| 15 Oct 2021 | £242,440 | £217,500 | GROUND AND FIRST FLOOR FLAT 74 CHURCH STREET |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 4 Jul 2010. Using an estimated price of £251,165 means this house is valued at £3,498 per sq meter (£324 per sq foot).
The average size of a house on SUMMERDOWN ROAD is 171 sq meters (1,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Letheren Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Letheren Place |
| Jun 2024 | Vehicle crime | Under investigation | On or near Letheren Place |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Letheren Place |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Letheren Place |