£269,008
This estimated value is based upon the latest sale price for the house of £262,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Ersham Way
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Price Paid | Date |
---|---|
£262,000 | 20 May 2022 |
£225,000 | 4 Feb 2016 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £262,000 results in an estimated price of approximately £269,008.
20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £262,000 | £7,008 | £269,008 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 73.130 % | £191,599 | £453,599 |
3 Month Average | 17.587 % | £46,076 | £308,076 |
6 Month Average | 1.768 % | £4,631 | £266,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £621,204 | £610,000 | 26 KNIGHTS GARDEN |
8 Aug 2023 | £330,969 | £325,000 | 10 WINDSOR ROAD |
31 May 2022 | £349,095 | £340,000 | 29 KNIGHTS GARDEN |
20 May 2022 | £269,008 | £262,000 | 31 WINDSOR ROAD |
26 Nov 2021 | £314,871 | £289,000 | 9 WINDSOR ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 23 Oct 2020. Using an estimated price of £269,008 means this house is valued at £2,339 per sq meter (£217 per sq foot).
The average size of a house on WINDSOR ROAD is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Ersham Way |
Apr 2024 | Possession of weapons | Under investigation | On or near Ersham Way |
Jul 2024 | Vehicle crime | Under investigation | On or near Gordon Road |
Apr 2024 | Anti-social behaviour | On or near Gordon Road | |
Apr 2024 | Anti-social behaviour | On or near Gordon Road |