£386,944
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Jul 2020 |
| £210,000 | 4 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £320,000 results in an estimated price of approximately £386,944.
| 27 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £320,000 | £66,944 | £386,944 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 10.723 % | £34,312 | £354,312 |
| 3 Month Average | 1.498 % | £4,794 | £324,794 |
| 6 Month Average | 4.423 % | £14,152 | £334,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £430,000 | £430,000 | 48 ELPHINSTONE ROAD |
| 30 Nov 2023 | £263,907 | £260,000 | 14 ELPHINSTONE AVENUE |
| 8 Nov 2023 | £253,757 | £250,000 | 16 ELPHINSTONE AVENUE |
| 11 Aug 2023 | £242,118 | £240,000 | 47 ELPHINSTONE AVENUE |
| 26 Apr 2023 | £323,483 | £320,000 | 8 ELPHINSTONE AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 24 Feb 2014. Using an estimated price of £386,945 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on ELPHINSTONE ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Elphinstone Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodbrook Road |
| Feb 2024 | Anti-social behaviour | On or near Blacklands Drive | |
| Feb 2024 | Anti-social behaviour | On or near Blacklands Drive | |
| Feb 2024 | Anti-social behaviour | On or near Blacklands Drive |