£276,423
This estimated value is based upon the latest sale price for the house of £109,000 on 16 Dec 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£109,000 | 16 Dec 2002 |
£76,000 | 25 May 2001 |
£45,000 | 24 Nov 1995 |
£44,000 | 22 Sep 1995 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 December 2002 the House Price Index for EAST SUSSEX was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £109,000 results in an estimated price of approximately £276,423.
16 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £109,000 | £167,423 | £276,423 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 115.610 % | £126,014 | £235,014 |
3 Month Average | 397.091 % | £432,828 | £541,828 |
6 Month Average | 211.192 % | £230,199 | £339,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £239,185 | £235,000 | 43 THE PORTLANDS |
3 Jul 2023 | £217,933 | £215,000 | FLAT 3 4 SANTA CRUZ DRIVE |
6 Jun 2023 | £215,106 | £212,500 | FLAT 3 6 SANTA CRUZ DRIVE |
2 Jun 2023 | £210,550 | £208,000 | FLAT 2 18 SANTA CRUZ DRIVE |
10 Nov 2022 | £217,367 | £220,000 | FLAT 1 2 SANTA CRUZ DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Jul 2020. Using an estimated price of £276,424 means this house is valued at £5,758 per sq meter (£535 per sq foot).
The average size of a house on THE PORTLANDS is 50 sq meters (544 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near The Portlands |
Feb 2024 | Other theft | Under investigation | On or near Hudson Close |
Mar 2024 | Burglary | Under investigation | On or near Cabot Close |