£265,811
This estimated value is based upon the latest sale price for the house of £179,000 on 2 Mar 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£179,000 | 2 Mar 2015 |
£130,000 | 26 Aug 2011 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 March 2015 the House Price Index for EAST SUSSEX was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £179,000 results in an estimated price of approximately £265,811.
2 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £179,000 | £86,811 | £265,811 |
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 | 59.195 % | £105,959 | £284,959 |
3 Month Average | 43.034 % | £77,030 | £256,030 |
6 Month Average | 48.133 % | £86,158 | £265,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £212,391 | £207,000 | 42 SYDNEY ROAD |
16 Aug 2023 | £234,224 | £230,000 | 7 MELBOURNE ROAD |
9 Aug 2023 | £269,867 | £265,000 | 30 MELBOURNE ROAD |
30 Mar 2023 | £169,836 | £167,000 | 30 BELMORE ROAD |
27 Oct 2022 | £272,091 | £273,000 | 23 MELBOURNE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Jun 2014. Using an estimated price of £265,811 means this house is valued at £3,743 per sq meter (£347 per sq foot).
The average size of a house on MELBOURNE ROAD is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Belmore Road | |
Jul 2024 | Vehicle crime | Under investigation | On or near Belmore Road |
Jun 2024 | Anti-social behaviour | On or near Belmore Road | |
Jun 2024 | Anti-social behaviour | On or near Belmore Road | |
Jun 2024 | Anti-social behaviour | On or near Belmore Road |