£344,529
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Feb 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 | 10 Feb 2017 |
| £184,500 | 2 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 801 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £265,000 results in an estimated price of approximately £344,529.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £265,000 | £79,529 | £344,529 |
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 | 5.099 % | £13,512 | £278,512 |
| 3 Month Average | -4.881 % | £-12,933 | £252,066 |
| 6 Month Average | 18.649 % | £49,421 | £314,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £177,146 | £175,000 | 12 WOLSEY PLACE, 49 LONDON ROAD |
| 8 Nov 2022 | £266,769 | £270,000 | 20 WOLSEY PLACE, 49 LONDON ROAD |
| 3 Oct 2022 | £361,112 | £365,000 | 5 DERWENT CLOSE |
| 29 Jul 2022 | £270,729 | £270,000 | 1 WOLSEY PLACE, 49 LONDON ROAD |
| 24 Jun 2022 | £355,017 | £350,000 | JEBANI GROVELANDS ROAD |
This house has a floor area of 74 sq meters or 801 sq feet when measured on 6 Oct 2009. Using an estimated price of £344,529 means this house is valued at £4,627 per sq meter (£429 per sq foot).
The average size of a house on LONDON ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Jan 2024 | Vehicle crime | 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 |