£396,931
This estimated value is based upon the latest sale price for the house of £398,000 on 25 Aug 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£398,000 | 25 Aug 2022 |
£220,000 | 26 Sep 2018 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2022 the House Price Index for EAST SUSSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £398,000 results in an estimated price of approximately £396,931.
25 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £398,000 | £-1,068 | £396,931 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 37.990 % | £151,200 | £549,200 |
3 Month Average | -5.770 % | £-22,963 | £375,036 |
6 Month Average | -0.895 % | £-3,562 | £394,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £456,139 | £450,000 | 27 VALE ROAD |
21 Jul 2023 | £339,570 | £335,000 | 43 ALMA TERRACE |
1 Nov 2022 | £491,546 | £497,500 | 41 VALE ROAD |
25 Aug 2022 | £396,932 | £398,000 | 53 ALMA TERRACE |
2 Feb 2022 | £298,878 | £285,000 | 6 ALMA VILLAS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Sep 2018. Using an estimated price of £396,932 means this house is valued at £4,961 per sq meter (£460 per sq foot).
The average size of a house on ALMA TERRACE is 99 sq meters (1,068 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Alma Villas |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Villas |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Villas |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burry Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burry Road |