£242,625
This estimated value is based upon the latest sale price for the house of £52,000 on 17 Aug 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £52,000 | 17 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 August 1998 the House Price Index for EAST SUSSEX was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £52,000 results in an estimated price of approximately £242,625.
| 17 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £52,000 | £190,625 | £242,625 |
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 | 379.802 % | £197,497 | £249,497 |
| 3 Month Average | 407.972 % | £212,145 | £264,145 |
| 6 Month Average | 386.215 % | £200,831 | £252,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £65,977 | £65,000 | FLAT 3 218 SEASIDE |
| 28 Jul 2023 | £247,329 | £244,000 | 45 LESLIE STREET |
| 20 Jan 2023 | £273,711 | £275,000 | 57 LESLIE STREET |
| 4 Aug 2022 | £274,262 | £275,000 | 9 SPRINGFIELD ROAD |
| 29 Jul 2022 | £255,688 | £255,000 | 6 SPRINGFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Apr 2013. Using an estimated price of £242,626 means this house is valued at £3,851 per sq meter (£357 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Springfield Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Mar 2024 | Anti-social behaviour | On or near Springfield Road | |
| Mar 2024 | Anti-social behaviour | On or near Springfield Road |