£270,724
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Aug 2019 |
| £185,000 | 26 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £220,000 results in an estimated price of approximately £270,724.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £220,000 | £50,724 | £270,724 |
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 | -8.067 % | £-17,747 | £202,252 |
| 3 Month Average | -6.541 % | £-14,389 | £205,610 |
| 6 Month Average | 16.297 % | £35,854 | £255,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £196,721 | £195,000 | REAR UNIT OLD MANOR HOUSE MARKET STREET |
| 2 Mar 2023 | £262,473 | £260,000 | 8 ELMSDOWN PLACE |
| 24 Feb 2023 | £319,785 | £320,000 | 2 SOUTHERDEN CLOSE |
| 2 Feb 2023 | £174,882 | £175,000 | 5 THE GEORGE MEWS |
| 20 Jan 2023 | £278,687 | £280,000 | 22 BELLBANKS ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Jun 2019. Using an estimated price of £270,724 means this house is valued at £4,749 per sq meter (£441 per sq foot).
The average size of a house on STONEY LANE is 62 sq meters (670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Southerden Close |
| Mar 2024 | Public order | Under investigation | On or near Ashford Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashford Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Ashford Close |