£251,894
This estimated value is based upon the latest sale price for the house of £147,500 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £147,500 | 18 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2013 the House Price Index for EAST SUSSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £147,500 results in an estimated price of approximately £251,894.
| 18 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £147,500 | £104,394 | £251,894 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 64.645 % | £95,351 | £242,851 |
| 3 Month Average | 102.094 % | £150,588 | £298,088 |
| 6 Month Average | 96.770 % | £142,736 | £290,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £277,032 | £270,000 | 16 NORTH TERRACE |
| 18 Sep 2023 | £252,568 | £247,000 | 10 NORTH TERRACE |
| 11 Sep 2023 | £178,945 | £175,000 | 7 HALTON PLACE |
| 5 Aug 2022 | £281,315 | £280,000 | 227 OLD LONDON ROAD |
| 1 Jun 2022 | £332,099 | £325,000 | 59 NORTH TERRACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Nov 2012. Using an estimated price of £251,895 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on NORTH TERRACE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Richmond Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Terrace |
| Aug 2024 | Vehicle crime | Under investigation | On or near Halton Place |