£259,005
This estimated value is based upon the latest sale price for the house of £53,500 on 2 Feb 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£53,500 | 2 Feb 1998 |
Terraced |
Freehold |
Floor Area: 155 sq meters or 1,668 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 1998 the House Price Index for EAST SUSSEX was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £53,500 results in an estimated price of approximately £259,005.
2 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 149.7 | 384.123 % | £53,500 | £205,505 | £259,005 |
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 | 400.807 % | £214,431 | £267,931 |
3 Month Average | 360.879 % | £193,070 | £246,570 |
6 Month Average | 394.091 % | £210,838 | £264,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £259,251 | £257,000 | 4 GIBBS COTTAGES, 107 LATIMER ROAD |
30 Nov 2023 | £261,642 | £255,000 | 30 BEACH ROAD |
29 Sep 2023 | £337,439 | £330,000 | 44 BEACH ROAD |
21 Sep 2023 | £332,275 | £324,950 | 29 BEACH ROAD |
1 Sep 2023 | £391,633 | £383,000 | 4 SIDLEY ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 4 Oct 2014. Using an estimated price of £259,006 means this house is valued at £1,671 per sq meter (£155 per sq foot).
The average size of a house on SIDLEY ROAD is 90 sq meters (970 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Under investigation | On or near Beach Road |
May 2024 | Other theft | Under investigation | On or near Royal Parade |
Jul 2024 | Drugs | Under investigation | On or near Eshton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Eshton Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Eshton Road |