£323,569
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 18 Jan 2019 |
| £73,500 | 4 Jul 2000 |
| £35,000 | 24 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 January 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £260,000 results in an estimated price of approximately £323,569.
| 18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £260,000 | £63,569 | £323,569 |
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 | 16.061 % | £41,758 | £301,758 |
| 3 Month Average | 9.278 % | £24,123 | £284,123 |
| 6 Month Average | 18.920 % | £49,192 | £309,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £325,000 | £325,000 | 75 WILLOUGHBY CRESCENT |
| 21 Dec 2023 | £2,063,404 | £2,000,000 | 3 FINMERE CLOSE |
| 11 Sep 2023 | £286,311 | £280,000 | 41 WILLOUGHBY CRESCENT |
| 8 Sep 2023 | £250,523 | £245,000 | 182 SOUTHBOURNE ROAD |
| 20 Apr 2023 | £356,671 | £350,000 | 3 FINMERE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 10 Sep 2018. Using an estimated price of £323,570 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on NORTHBOURNE ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Finmere Close |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Finmere Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Finmere Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Finmere Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Southbourne Road |