£106,956
This estimated value is based upon the latest sale price for the house of £19,000 on 5 May 1995. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £19,000 | 5 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 May 1995 the House Price Index for EAST SUSSEX was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £19,000 results in an estimated price of approximately £106,956.
| 5 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £19,000 | £87,956 | £106,956 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 713.511 % | £135,567 | £154,567 |
| 3 Month Average | 680.507 % | £129,296 | £148,296 |
| 6 Month Average | 731.112 % | £138,911 | £157,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £475,000 | £475,000 | 41 FALMER GARDENS |
| 15 Jun 2023 | £420,089 | £415,000 | 46 WARREN WAY |
| 27 Mar 2023 | £552,202 | £547,000 | 59 WARREN WAY |
| 12 Aug 2022 | £463,752 | £465,000 | 24A DOWNSWAY |
| 19 Jul 2022 | £451,215 | £450,000 | 39 DOWNSWAY |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 20 Sep 2018. Using an estimated price of £106,957 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on FALMER ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Anti-social behaviour | On or near Supermarket |