£341,002
This estimated value is based upon the latest sale price for the house of £265,000 on 15 May 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 May 2017 |
| £210,000 | 26 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2017 the House Price Index for EAST SUSSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £265,000 results in an estimated price of approximately £341,002.
| 15 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £265,000 | £76,002 | £341,002 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 1.548 % | £4,101 | £269,101 |
| 3 Month Average | 6.589 % | £17,461 | £282,461 |
| 6 Month Average | 21.970 % | £58,221 | £323,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £354,292 | £350,000 | 54 MILLAND ROAD |
| 23 Feb 2023 | £304,795 | £305,000 | 5 ILEX GREEN |
| 8 Apr 2022 | £293,493 | £285,000 | 5 OLDFIELD CRESCENT |
| 28 Feb 2022 | £293,634 | £280,000 | 36 MILLAND ROAD |
| 30 Sep 2021 | £269,398 | £250,000 | 15 ACORN GREEN |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Nov 2016. Using an estimated price of £341,003 means this house is valued at £4,371 per sq meter (£406 per sq foot).
The average size of a house on MILLAND ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oldfield Crescent | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near The Cedars |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |