£261,693
This estimated value is based upon the latest sale price for the house of £197,000 on 14 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 |
---|---|
£197,000 | 14 Sep 2016 |
£123,500 | 22 Mar 2013 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £197,000 results in an estimated price of approximately £261,693.
14 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £197,000 | £64,693 | £261,693 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 25.692 % | £50,613 | £247,613 |
3 Month Average | 32.026 % | £63,091 | £260,091 |
6 Month Average | 28.193 % | £55,539 | £252,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £246,144 | £242,500 | 97 SYDNEY ROAD |
6 Jul 2023 | £167,758 | £165,500 | 64 MELBOURNE ROAD |
14 Jun 2023 | £328,985 | £325,000 | 106 SYDNEY ROAD |
23 Mar 2023 | £253,387 | £251,000 | 77 MELBOURNE ROAD |
13 Jan 2023 | £263,758 | £265,000 | 79 SYDNEY ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 Jun 2016. Using an estimated price of £261,693 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on SYDNEY ROAD is 68 sq meters (735 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near Sydney Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Manifold Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Manifold Road |
Jan 2024 | Drugs | Under investigation | On or near Manifold Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |