£871,930
This estimated value is based upon the latest sale price for the house of £720,000 on 23 Jun 2020. 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 Saffrons Park
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| Price Paid | Date |
|---|---|
| £720,000 | 23 Jun 2020 |
| £620,000 | 26 May 2017 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 June 2020 the House Price Index for EAST SUSSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £720,000 results in an estimated price of approximately £871,930.
| 23 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £720,000 | £151,930 | £871,930 |
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 | 72.109 % | £519,187 | £1,239,187 |
| 3 Month Average | 55.277 % | £397,994 | £1,117,994 |
| 6 Month Average | 34.951 % | £251,646 | £971,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £151,943 | £150,000 | FLAT 3 ROSEMULLION, 43 MEADS ROAD |
| 2 Jun 2023 | £303,678 | £300,000 | FLAT 1 ROSEMULLION, 43 MEADS ROAD |
| 31 Mar 2023 | £257,425 | £255,000 | FLAT 5 PARKHOLME, 2 FAIRFIELD ROAD |
| 10 Mar 2023 | £842,942 | £835,000 | 16 SAFFRONS PARK |
| 2 Feb 2023 | £314,788 | £315,000 | FLAT 11 MERLSWOOD MEADS ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 14 Nov 2019. Using an estimated price of £871,931 means this house is valued at £6,140 per sq meter (£570 per sq foot).
The average size of a house on SAFFRONS PARK is 177 sq meters (1,909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Saffrons Park |
| Apr 2024 | Bicycle theft | Under investigation | On or near Ascham Place |
| Apr 2024 | Bicycle theft | Under investigation | On or near Ascham Place |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ascham Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ascham Place |