£557,612
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£325,000 | 17 Aug 2012 |
£238,000 | 12 Jun 2006 |
£115,000 | 30 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 112 sq meters or 1,205 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 August 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £325,000 results in an estimated price of approximately £557,612.
17 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £325,000 | £232,612 | £557,612 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 81.611 % | £265,235 | £590,235 |
3 Month Average | 38.632 % | £125,554 | £450,554 |
6 Month Average | 47.835 % | £155,463 | £480,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £324,986 | £315,000 | 25 SOUTH UNDERCLIFF |
24 Nov 2023 | £923,441 | £900,000 | 7 WATCHBELL STREET |
23 Nov 2023 | £300,375 | £292,750 | 41 SOUTH UNDERCLIFF |
8 Sep 2023 | £1,206,598 | £1,180,000 | 5 WEST STREET |
10 Mar 2023 | £300,010 | £295,000 | 8 SOUTH UNDERCLIFF |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 8 May 2012. Using an estimated price of £557,613 means this house is valued at £4,978 per sq meter (£462 per sq foot).
The average size of a house on WATCHBELL STREET is 151 sq meters (1,627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near Watchbell Street |
Jun 2024 | Anti-social behaviour | On or near Watchbell Lane | |
Jun 2024 | Anti-social behaviour | On or near Watchbell Lane | |
Jun 2024 | Anti-social behaviour | On or near Mermaid Street | |
Jun 2024 | Anti-social behaviour | On or near Mermaid Street |