£278,970
This estimated value is based upon the latest sale price for the house of £164,500 on 24 Jun 2010. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Transit Road
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| Price Paid | Date |
|---|---|
| £164,500 | 24 Jun 2010 |
| £126,500 | 3 Oct 2003 |
| £82,000 | 13 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 905 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 June 2010 the House Price Index for EAST SUSSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £164,500 results in an estimated price of approximately £278,970.
| 24 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £164,500 | £114,470 | £278,970 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | 95.775 % | £157,550 | £322,050 |
| 3 Month Average | 81.815 % | £134,585 | £299,085 |
| 6 Month Average | 95.152 % | £156,525 | £321,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £292,060 | £286,950 | 12 NORTON TERRACE |
| 27 Nov 2023 | £263,907 | £260,000 | 18 NORTON TERRACE |
| 3 Jul 2023 | £369,980 | £365,000 | CORBIERRE NORTON ROAD |
| 28 Apr 2023 | £240,590 | £238,000 | 34A NORTON TERRACE |
| 18 Apr 2023 | £252,721 | £250,000 | 14 BEACH ROAD |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 13 Mar 2010. Using an estimated price of £278,971 means this house is valued at £3,317 per sq meter (£308 per sq foot).
The average size of a house on TRANSIT ROAD is 87 sq meters (939 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Transit Road |
| Mar 2024 | Burglary | Under investigation | On or near Transit Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Transit Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Transit Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Transit Road |