£248,488
This estimated value is based upon the latest sale price for the house of £169,000 on 19 May 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £169,000 | 19 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2015 the House Price Index for EAST SUSSEX was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £169,000 results in an estimated price of approximately £248,488.
| 19 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £169,000 | £79,488 | £248,488 |
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 | -7.081 % | £-11,966 | £157,033 |
| 3 Month Average | 38.196 % | £64,551 | £233,551 |
| 6 Month Average | 42.161 % | £71,252 | £240,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £305,510 | £300,000 | 48 GREENWAY |
| 15 Sep 2022 | £165,390 | £165,500 | FLAT 13 DURHAM COURT ROCKHURST DRIVE |
| 17 Jun 2022 | £158,386 | £155,000 | FLAT 5 DURHAM COURT ROCKHURST DRIVE |
| 6 May 2022 | £285,950 | £278,500 | 83 GREENWAY |
| 14 Mar 2022 | £161,757 | £154,950 | FLAT 9 DURHAM COURT ROCKHURST DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Jul 2014. Using an estimated price of £248,488 means this house is valued at £3,882 per sq meter (£360 per sq foot).
The average size of a house on GREENWAY is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Greenway |
| Jul 2024 | Public order | Under investigation | On or near Greenway |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |
| May 2024 | Theft from the person | Unable to prosecute suspect | On or near Greenway |
| May 2024 | Violence and sexual offences | Under investigation | On or near Greenway |