£242,225
This estimated value is based upon the latest sale price for the house of £204,000 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £204,000 | 22 Sep 2020 |
| Terraced |
| 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 September 2020 the House Price Index for EAST SUSSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £204,000 results in an estimated price of approximately £242,225.
| 22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £204,000 | £38,225 | £242,225 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -7.889 % | £-16,093 | £187,906 |
| 3 Month Average | 16.615 % | £33,894 | £237,894 |
| 6 Month Average | 19.252 % | £39,273 | £243,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £157,115 | £155,000 | 31 RYE STREET |
| 7 Jul 2023 | £288,888 | £285,000 | 2 SANDWICH MEWS |
| 19 Apr 2023 | £264,852 | £262,000 | 251 SOUTHBOURNE ROAD |
| 5 Apr 2023 | £190,552 | £188,500 | 2 WARTLING ROAD |
| 24 Mar 2023 | £191,807 | £190,000 | 29 RYE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Jun 2020. Using an estimated price of £242,226 means this house is valued at £3,460 per sq meter (£321 per sq foot).
The average size of a house on RYE STREET is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rye Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Archery Lane |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |