£562,054
This estimated value is based upon the latest sale price for the house of £420,000 on 22 Sep 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£420,000 | 22 Sep 2016 |
£295,000 | 19 Oct 2012 |
Terraced |
Freehold |
Floor Area: 141 sq meters or 1,517 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 2016 the House Price Index for EAST SUSSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £420,000 results in an estimated price of approximately £562,054.
22 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £420,000 | £142,054 | £562,054 |
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 | -18.641 % | £-78,292 | £341,707 |
3 Month Average | 16.182 % | £67,965 | £487,965 |
6 Month Average | 26.325 % | £110,565 | £530,565 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £478,633 | £470,000 | 48 VICTORIA DRIVE |
17 Feb 2023 | £372,488 | £370,000 | 16 ST LEONARDS PLACE |
11 Aug 2022 | £236,104 | £235,000 | FLAT 1 57 VICTORIA DRIVE |
27 May 2022 | £582,680 | £567,500 | 33 VICTORIA DRIVE |
26 May 2022 | £410,700 | £400,000 | 18 DILLINGBURGH ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 23 Jul 2012. Using an estimated price of £562,054 means this house is valued at £3,986 per sq meter (£370 per sq foot).
The average size of a house on VICTORIA DRIVE is 120 sq meters (1,301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Dacre Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dacre Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dacre Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dacre Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Okehurst Road |